Activision Blizzard (ATVI) executive Zerza received 3,884 shares

Insider transactions reported

Armin Zerza (executive at Activision Blizzard Inc., ATVI) reported that they received 3,884 shares, and gave up 2,487 shares at $84.89 to cover taxes or an exercise price on Mar 30, 2023. After these transactions the filing shows 196,167 shares held directly.

Reporting person

Zerza Armin

Holdings before and after

• Common Stock, par value $0.000001 per share: 195,865 to 196,167 direct

Footnotes from the filing

1. 1. Additional shares of Issuer's common stock earned by reporting person in excess of shares previously reported at target performance level, as a result of above-target performance achievement for performance-vesting restricted stock units that vested on transaction date.
2. 2. Pursuant to terms of reporting person's restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of vesting on transaction date of 3,166 performance-vesting restricted stock units (which reflects additional amount earned under this award as reported in row above) held by reporting person, in order to satisfy resulting tax withholding obligations.
3. 5. Pursuant to terms of reporting person's restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of vesting on transaction date of 549 performance-vesting restricted stock units held by reporting person, in order to satisfy resulting tax withholding obligations. 597 performance-vesting restricted stock units under this award previously reported by reporting person at target performance did not vest and were forfeited.
4. 8. Following the transactions reported on this Form 4, reporting person held (a) 43,859 shares of Issuer's common stock, (b) 33,201 restricted stock units, each representing the right to receive one share of Issuer's common stock, and (c) 119,107 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock (assumes, as previously disclosed, target performance for each performance-vesting restricted stock unit grant; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 148,576 shares of Issuer's common stock, which includes adjustments to reflect performance for periods for which such measurement is already completed).

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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