Sec Form 4 Filing - CORTI ROBERT J @ Activision Blizzard, Inc. - 2015-02-13

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
CORTI ROBERT J
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
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2015
(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 02/13/2015 M 33,334 A $ 8.2238 164,481 D
Common Stock, par value $0.000001 per share 02/13/2015 S 33,334 D $ 22.884 ( 1 ) 131,147 D
Common Stock, par value $0.000001 per share 02/13/2015 M 25,000 A $ 6.88 156,147 D
Common Stock, par value $0.000001 per share 02/13/2015 S 25,000 D $ 22.884 ( 1 ) 131,147 D
Common Stock, par value $0.000001 per share 02/13/2015 M 20,000 A $ 11.095 151,147 D
Common Stock, par value $0.000001 per share 02/13/2015 S 20,000 D $ 22.884 ( 1 ) 131,147 ( 2 ) D ( 3 )
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
Director Stock Options $ 8.2238 02/13/2015 M 33,334 ( 4 ) 09/15/2015 Common Stock, par value $0.000001 per share 33,334 $ 0 0 D
Director Stock Options $ 6.88 02/13/2015 M 25,000 ( 5 ) 09/14/2016 Common Stock, par value $0.000001 per share 25,000 $ 0 0 D
Director Stock Options $ 11.095 02/13/2015 M 20,000 ( 6 ) 10/01/2017 Common Stock, par value $0.000001 per share 20,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CORTI ROBERT J
C/O ACTIVISION BLIZZARD, INC.
3100 OCEAN PARK BOULEVARD
SANTA MONICA, CA90405
X
Signatures
/s/ Robert J. Corti 02/18/2015
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 $22.788565 to $22.99 per share. Mr. Corti has provided to 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 )Following the transactions reported on this Form 4, Mr. Corti held (a) 103,320 shares of the Company's common stock and (b) 27,827 restricted stock units, each representing the right to receive one share of the Company's common stock.
( 3 )These securities are held jointly by Mr. Corti and his spouse, who share voting and investment power with respect thereto.
( 4 )These options to purchase shares of the Company's common stock were exercisable in full as of September 15, 2007.
( 5 )These options to purchase shares of the Company's common stock were exercisable in full as of September 14, 2008.
( 6 )These options to purchase shares of the Company's common stock were exercisable in full as of October 1, 2008.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.