0000718877-22-000050.txt : 20221221
0000718877-22-000050.hdr.sgml : 20221221
20221221211454
ACCESSION NUMBER: 0000718877-22-000050
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221221
FILED AS OF DATE: 20221221
DATE AS OF CHANGE: 20221221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: YANG JESSE
CENTRAL INDEX KEY: 0001811303
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15839
FILM NUMBER: 221479599
MAIL ADDRESS:
STREET 1: C/O ACTIVISION BLIZZARD, INC.
STREET 2: 3100 OCEAN PARK BOULEVARD
CITY: SANTA MONICA
STATE: CA
ZIP: 90405
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Activision Blizzard, Inc.
CENTRAL INDEX KEY: 0000718877
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 954803544
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2701 OLYMPIC BOULEVARD
STREET 2: BUILDING B
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
BUSINESS PHONE: 3102666025
MAIL ADDRESS:
STREET 1: 2701 OLYMPIC BOULEVARD
STREET 2: BUILDING B
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
FORMER COMPANY:
FORMER CONFORMED NAME: ACTIVISION INC /NY
DATE OF NAME CHANGE: 19930114
FORMER COMPANY:
FORMER CONFORMED NAME: MEDIAGENIC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: ACTIVISION INC
DATE OF NAME CHANGE: 19880829
4
1
wf-form4_167167527651103.xml
FORM 4
X0306
4
2022-12-21
0
0000718877
Activision Blizzard, Inc.
ATVI
0001811303
YANG JESSE
C/O ACTIVISION BLIZZARD, INC.
2701 OLYMPIC BOULEVARD, BUILDING B
SANTA MONICA
CA
90404
0
1
0
0
Dep CFO, Comptr & Pr Acctg Off
Common Stock, par value $0.000001 per share
2022-12-21
4
F
0
70
75.89
D
58881
D
Common Stock, par value $0.000001 per share
2022-12-21
4
F
0
2116
75.89
D
56765
D
Common Stock, par value $0.000001 per share
2022-12-21
4
F
0
1850
75.89
D
54915
D
Common Stock, par value $0.000001 per share
2022-12-21
4
F
0
1131
75.89
D
53784
D
Common Stock, par value $0.000001 per share
2022-12-21
4
F
0
140
75.89
D
53644
D
Pursuant to terms of reporting person's restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of accelerated vesting on transaction date of restricted stock units held by reporting person initially scheduled to vest in 2023, in order to satisfy resulting tax withholding obligations. Reporting person has signed an Acceleration and Clawback Agreement providing that accelerated restricted stock units are subject to certain repayment conditions.
Pursuant to terms of reporting person's performance-vesting restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of accelerated vesting on transaction date of performance-vesting restricted stock units held by reporting person initially scheduled to vest, if at all, in 2023, in order to satisfy resulting tax withholding obligations. Reporting person has signed an Acceleration and Clawback Agreement providing that accelerated performance-vesting restricted stock units are subject to certain repayment and true-up conditions.
For each performance-vesting restricted stock unit award for which vesting was accelerated, the number of accelerated units was a certain percentage of such award's original target amount previously disclosed by reporting person, calculated based on Issuer's Compensation Committee's approval for acceleration purposes of an assumed performance achievement level, as estimated to be applicable to the specific award criteria of each such award; with additional units under such award previously reported by reporting person remaining eligible to vest based on Issuer's Compensation Committee's ultimate determination in 2023 of performance achievement level relative to the same performance metrics set forth in the initial grant.
Following the transactions reported on this Form 4, reporting person held (a) 13,807 shares of Issuer's common stock, (b) 34,898 restricted stock units, each representing the right to receive one share of Issuer's common stock, and (c) 4,939 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock (assumes, as previously disclosed, maximum performance for performance-vesting restricted stock unit grants prior to December 9, 2020, and target performance for any such grants thereafter; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 5,520 shares of Issuer's common stock).
/s/ Jesse Yang
2022-12-21