Sec Form 5 Filing - KOTICK ROBERT A @ Activision Blizzard, Inc. - 2022-12-31

FORM 5 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 KOTICK ROBERT A 2. Issuer Name and Ticker or Trading Symbol Activision Blizzard, Inc. [ ATVI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O ACTIVISION BLIZZARD, INC., 2701 OLYMPIC BOULEVARD, BUILDING B 3. Date of Earliest Transaction (MM/DD/YY) 12/31/2022 (Street) SANTA MONICA, CA90404 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 03/04/2022 G V 20,735 ( 1 ) D $ 0 0 ( 2 ) I By GRATs ( 3 ) Common Stock, par value $0.000001 per share 3,924,881 ( 4 ) ( 5 ) D Common Stock, par value $0.000001 per share 1 I By ASAC II LLC ( 6 ) Common Stock, par value $0.000001 per share 2 I By Delmonte Investments, LLC ( 7 )

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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KOTICK ROBERT A C/O ACTIVISION BLIZZARD, INC. 2701 OLYMPIC BOULEVARD, BUILDING B SANTA MONICA, CA90404 X Chief Executive Officer Signatures /s/ Robert A. Kotick 02/13/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents the distribution of shares of Issuer's common stock from a grantor retained annuity trust for benefit of reporting person's children, of which reporting person was the trustee, to the 31427N Trust. ( 2 )In addition to the distribution referenced in footnote (1), reflects distribution of 16,183 shares of Issuer's common stock to reporting person on 3/4/2022 for estate planning purposes from reporting person's grantor retained annuity trust for benefit of reporting person's children, of which reporting person was the trustee. ( 3 )Shares were held by grantor retained annuity trust for benefit of reporting person's children, of which reporting person was the trustee. ( 4 )Includes 16,183 shares received as referenced in footnote (2). ( 5 )Reporting person no longer has a reportable beneficial interest in 4,800 shares of Issuer's common stock included in reporting person's prior ownership reports as indirectly owned through UTMAs for the benefit of minor children and as to which reporting person disclaimed beneficial ownership except to extent of his pecuniary interest therein. ( 6 )Reporting person and Brian G. Kelly are managers of ASAC II LLC, and reporting person disclaims beneficial ownership of Issuer's common stock held by ASAC II LLC except to extent of his pecuniary interest therein. ( 7 )Reflects shares of Issuer's common stock indirectly beneficially owned through Delmonte Investments, LLC, of which reporting person is a member and manager.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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