0000718877-22-000051.txt : 20221221 0000718877-22-000051.hdr.sgml : 20221221 20221221211602 ACCESSION NUMBER: 0000718877-22-000051 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221219 FILED AS OF DATE: 20221221 DATE AS OF CHANGE: 20221221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DIXTON GRANT MICHAEL CENTRAL INDEX KEY: 0001866710 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15839 FILM NUMBER: 221479601 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_167167534674526.xml FORM 4 X0306 4 2022-12-19 0 0000718877 Activision Blizzard, Inc. ATVI 0001866710 DIXTON GRANT MICHAEL C/O ACTIVISION BLIZZARD, INC. 2701 OLYMPIC BOULEVARD, BUILDING B SANTA MONICA CA 90404 0 1 0 0 Chief Legal Officer Common Stock, par value $0.000001 per share 2022-12-19 4 A 0 21055 0 A 129073 D Common Stock, par value $0.000001 per share 2022-12-20 4 F 0 3083 75.88 D 125990 D Common Stock, par value $0.000001 per share 2022-12-21 4 F 0 3087 75.89 D 122903 D Common Stock, par value $0.000001 per share 2022-12-21 4 F 0 3087 75.89 D 119816 D Grant to reporting person of restricted stock units, each representing the right to receive one share of Issuer's common stock, scheduled to vest in equal installments on each of December 20, 2022, December 19, 2024, and December 19, 2025. Pursuant to terms of reporting person's restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of vesting on transaction date of restricted stock units held by reporting person, in order to satisfy resulting tax withholding obligations. 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) 16,424 shares of Issuer's common stock, (b) 38,936 restricted stock units, each representing the right to receive one share of the Company's common stock, and (c) 64,456 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock (assumes, as previously disclosed, target performance for each performance-vesting restricted stock unit grant; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 83,683 shares of Issuer's common stock). /s/ Grant M. Dixton 2022-12-21