Sec Form 4 Filing - Sakhnini Humam @ Activision Blizzard, Inc. - 2014-08-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Sakhnini Humam
2. Issuer Name and Ticker or Trading Symbol
Activision Blizzard, Inc. [ ATVI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Strategy & Talent Ofc
(Last) (First) (Middle)
C/O ACTIVISION BLIZZARD INC., 3100 OCEAN PARK BLVD
3. Date of Earliest Transaction (MM/DD/YY)
08/11/2014
(Street)
SANTA MONICA, CA90405
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.000001 per share 08/11/2014 S 23,599 D $ 22.9746 ( 1 ) 109,345 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/11/2014 M 113,500 A $ 12.46 222,845 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/11/2014 S 113,500 D $ 22.959 ( 1 ) 109,345 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/11/2014 M 50,000 A $ 11.73 159,345 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/11/2014 S 50,000 D $ 22.959 ( 1 ) 109,345 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/12/2014 S 31,681 D $ 22.8056 ( 2 ) 77,664 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/12/2014 M 175,500 A $ 12.46 253,164 I Sakhnini Family Trust
Common Stock, par value $0.000001 per share 08/12/2014 S 175,500 D $ 22.8023 ( 3 ) 77,664 ( 4 ) I Sakhnini Family Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options $ 12.46 08/11/2014 M 113,500 ( 5 ) 08/07/2019 Common Stock, par value $0.000001 per share 113,500 $ 0 175,500 I Sakhnini Family Trust
Employee Stock Options $ 11.73 08/11/2014 M 50,000 ( 6 ) 03/06/2022 Common Stock, par value $0.000001 per share 50,000 $ 0 25,000 ( 7 ) I Sakhnini Family Trust
Employee Stock Options $ 12.46 08/12/2014 M 175,500 ( 5 ) 08/07/2019 Common Stock, par value $0.000001 per share 175,500 $ 0 0 I Sakhnini Family Trust
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sakhnini Humam
C/O ACTIVISION BLIZZARD INC.
3100 OCEAN PARK BLVD
SANTA MONICA, CA90405
Chief Strategy & Talent Ofc
Signatures
/s/ Humam Sakhnini 08/13/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $22.95 to $23.105 per share. Mr. Sakhnini has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares sold at each price within that range.
( 2 )The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $22.80 to $22.84 per share. Mr. Sakhnini has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares sold at each price within that range.
( 3 )The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $22.80 to $22.805 per share. Mr. Sakhnini has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares sold at each price within that range.
( 4 )Following the transactions reported on this Form 4, Mr. Sakhnini held, through the Sakhnini Family Trust (a) 25,000 restricted stock units, each representing the right to receive one share of the Company's common stock, (b) 25,000 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock, and (c) 27,664 shares of the Company's common stock.
( 5 )These options were vested in full as of July 26, 2012.
( 6 )The exercised options were vested in full as of March 30, 2014.
( 7 )The remaining options vest on March 30, 2015.

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