Sec Form 4 Filing - Neumann Spencer Adam @ Activision Blizzard, Inc. - 2017-08-07

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 Neumann Spencer Adam 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 Financial Officer (Last) (First) (Middle) C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD. 3. Date of Earliest Transaction (MM/DD/YY) 08/07/2017 (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 08/07/2017 A 149,312 ( 1 ) A $ 0 149,312 D Common Stock, par value $0.000001 per share 08/07/2017 A 179,172 ( 2 ) A $ 0 328,484 ( 3 ) 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 $ 62.51 08/07/2017 A 118,409 ( 4 ) 08/07/2027 Common Stock, par value $0.000001 per share 118,409 $ 0 118,409 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Neumann Spencer Adam C/O ACTIVISION BLIZZARD, INC. 3100 OCEAN PARK BLVD. SANTA MONICA, CA90405 Chief Financial Officer Signatures /s/ Spencer Neumann 08/09/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This grant was for 149,312 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number assumes maximum performance; target performance would result in a release of 119,448 shares of the Company's common stock. One-fourth of the restricted stock units vest on each of March 31, 2018, 2019, 2020 and 2021 based upon the level of performance measured by reference to the Company's earnings per share for 2017, 2018, 2019 and 2020, respectively. ( 2 )This grant was for 179,172 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number assumes maximum performance; target performance would result in a release of 59,724 shares of the Company's common stock. One-eighth of the restricted stock units vest on each of March 31, 2018, 2019, 2020 and 2021 based upon the level of performance measured by reference to the Company's operating income for 2017, 2018, 2019 and 2020, respectively, and one-eighth of the restricted stock units vest on each of March 31, 2019, 2020, 2021 and 2022 based on the level of performance measured by reference to the Company's operating income for 2018, 2019, 2020 and 2021, respectively. ( 3 )Following the transactions reported on this Form 4, Mr. Neumann holds 328,484 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. ( 4 )One-fourth of these options vest on each of April 14, 2018, 2019, 2020 and 2021.

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