Sec Form 4 Filing - YANG JESSE @ Activision Blizzard, Inc. - 2020-08-06

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 YANG JESSE 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 Accounting Officer (Last) (First) (Middle) C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD 3. Date of Earliest Transaction (MM/DD/YY) 08/06/2020 (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 08/06/2020 A 15,547 ( 1 ) A $ 0 16,447 D Common Stock, par value $0.000001 per share 08/06/2020 A 9,500 ( 2 ) A $ 0 25,947 ( 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 $ 86.84 08/06/2020 A 25,019 ( 4 ) 08/06/2030 Common Stock, par value $0.000001 per share 25,019 $ 0 25,019 D Employee Stock Options $ 86.84 08/06/2020 A 15,289 ( 4 ) 08/06/2030 Common Stock, par value $0.000001 per share 15,289 $ 0 40,308 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other YANG JESSE C/O ACTIVISION BLIZZARD, INC. 3100 OCEAN PARK BOULEVARD SANTA MONICA, CA90405 Chief Accounting Officer Signatures /s/ Jesse Yang 08/10/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This grant was for 15,547 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes maximum performance; target performance would result in the release of 12,437 shares of the Company's common stock. One-third of these restricted stock units will vest on each of April 29, 2021, 2022 and 2023, in each case based upon the level of achievement of the operating income objective for the Company set forth in its annual operating plan for the prior year. ( 2 )This grant was for 9,500 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes maximum performance; target performance would result in the release of 7,600 shares of the Company's common stock. One-third of these restricted stock units will vest on each of April 29, 2021, 2022 and 2023, in each case based upon the level of achievement of the operating income objective for the Company set forth in its annual operating plan for the prior year. ( 3 )Following the transactions reported on this Form 4, Mr. Yang held 900 shares of common stock and 25,047 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. ( 4 )Two-thirds of these options which will vest on April 29, 2022, and one-third will vest on April 29, 2023, in each case, subject to Mr. Yang's continued employment through the applicable vesting date.

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