Sec Form 4 Filing - VRABECK KATHY P @ ACTIVISION INC /NY - 2005-06-01

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
VRABECK KATHY P
2. Issuer Name and Ticker or Trading Symbol
ACTIVISION INC /NY [ ATVI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President-Activision Publish'g
(Last) (First) (Middle)
C/O ACTIVISION, INC., 3100 OCEAN PARK BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
06/01/2005
(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 $.000001 per share 06/01/2005 M 35,000 A $ 7.445 46,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 60,000 A $ 7.445 106,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 15,000 A $ 7.445 121,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 75,000 A $ 7.2734 196,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 27,500 A $ 4.8434 223,886 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 24,998 A $ 4.8434 248,884 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 30,000 A $ 4.8434 278,884 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 S 5,000 D $ 15.77 273,884 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 S 5,000 D $ 15.76 268,884 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 S 257,498 D $ 15.75 11,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 M 105,000 A $ 9.2033 116,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 S 60,000 D $ 15.92 56,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 S 10,000 D $ 15.89 46,386 D ( 1 )
Common Stock, par value $.000001 per share 06/01/2005 S 35,000 D $ 15.85 11,386 ( 2 ) D ( 1 )
D
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 $ 7.445 06/01/2005 M 0 ( 3 ) 11/06/2013 Common Stock 35,000 $ 0 105,000 D
Employee Stock Options $ 7.445 06/01/2005 M 0 ( 4 ) 11/06/2013 Common Stock 60,000 $ 0 240,000 D
Employee Stock Options $ 7.445 06/01/2005 M 0 ( 5 ) 11/06/2013 Common Stock 15,000 $ 0 45,000 D
Employee Stock Options $ 7.2734 06/01/2005 M 0 ( 6 ) 10/12/2012 Common Stock 75,000 $ 0 150,000
Employee Stock Options $ 4.8434 06/01/2005 M 0 ( 7 ) 03/20/2013 Common Stock 27,500 $ 0 10,997 D
Employee Stock Options $ 4.8434 06/01/2005 M 0 ( 8 ) 03/20/2013 Common Stock 24,998 $ 0 9,997 D
Employee Stock Options $ 4.8434 06/01/2005 M 0 ( 9 ) 03/20/2013 Common Stock 30,000 $ 0 90,000 D
Employee Stock Options $ 9.2033 06/01/2005 M 0 ( 10 ) 04/08/2012 Common Stock 105,000 $ 0 15,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
VRABECK KATHY P
C/O ACTIVISION, INC.
3100 OCEAN PARK BOULEVARD
SANTA MONICA, CA90405
President-Activision Publish'g
Signatures
/s/ George L. Rose (Attorney-In-Fact) 06/03/2005
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Filer also indirectly owns 9,000 shares of Common Stock by virtue of reporting person's spouse's ownership of 9,000shares of Company Common Stock.
( 2 )All 11,386 shares owned by the Filer were purchased through the Company's employee stock purchase plan.
( 3 )The option will vest on November 6, 2008. However, one half of the option may vest on an accelerated basis if certainearnings and other financial goals are met.
( 4 )The options vest in five equal annual installments beginning on November 1, 2004.
( 5 )The option will vest on November 6, 2008. However, one half of the option may vest on an accelerated basis if certainearnings and other financial goals are met.
( 6 )The options vest in four equal installments beginning on 4/1/04, however, the fourth installment may vest on an acceleratedbasis if certain earnings and other financial goals are met.
( 7 )The original option grant provided one half of the such options would vest in three equal annual installments beginning on4/1/04. The second half of the option will vest on April 1, 2009, and that the second half of the option would vest on anaccelerated basis if certain earning and other financial goals were met.
( 8 )The original option grant provided one half of the such options would vest in three equal annual installments beginning on4/1/04. The second half of the option will vest on April 1, 2009, and that the second half of the option would vest on anaccelerated basis if certain earning and other financial goals were met.
( 9 )The original options granted provided that such options would vest in five equal annual installments beginning on April 1,2004.
( 10 )The option vested in four equal semi-annual installments beginning on October 1, 2002.

Remarks:
George L. Rose was granted a power of attorney to sign all Forms 4 and Forms 5 on behalf of Kathy P. Vrabeck.

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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