SEC FORM 4 SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Hartong Hendrik III

(Last) (First) (Middle)
C/O ACTIVISION BLIZZARD, INC.
2701 OLYMPIC BOULEVARD, BUILDING B

(Street)
SANTA MONICA CA 90404

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 08/27/2021 P 38(1) A $82.39(2) 38 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 08/30/2021 P 6(1) A $80.75 44 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 08/31/2021 P 54(1) A $82.75 98 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/07/2021 P 62(1) A $78.63(3) 160 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/09/2021 P 44(1) A $78.1(4) 204 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/13/2021 P 47(1) A $78.46(5) 251 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/14/2021 P 6(1) A $78.27 257 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/21/2021 P 25(1) A $74.42(6) 282 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/23/2021 S 77(1) D $74.91(7) 205 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/24/2021 S 78(1) D $75.01(8) 127 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/28/2021 S 69(1) D $76.03(9) 58 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 09/30/2021 S 58(1) D $77.66(10) 0 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 11/23/2021 P 65(1) A $61.88(11) 65 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 11/30/2021 P 63(1) A $59.16(12) 128 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 12/13/2021 P 55(1) A $58.7(13) 183 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 12/14/2021 P 19(1) A $59.41 202 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 12/16/2021 P 74(1) A $61.28(14) 276 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 12/21/2021 P 19(1) A $63.01 295 I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 01/18/2022 S 74(1) D $81.79 221(15) I Susan Hartong Revocable Trust
Common Stock, par value $0.000001 per share 38,513(16) D
Common Stock, par value $0.000001 per share 1,000 I By trust for son
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. This transaction was effected at the direction of the investment manager of a managed account in the name of a trust for the benefit of the reporting person's spouse, over which the reporting person had no investment control, without the reporting person's knowledge. The reporting person only recently became aware of the managed account's transactions in ATVI securities and the trustee of the trust on whose behalf the trades were made has, again, directed the investment manager not to engage in any transactions in ATVI securities. Because the reporting person has no investment control over the managed account, the reporting person disclaims beneficial ownership of securities held in the account, and the filing of this Form 4 shall not be construed as an admission that the reporting person beneficially owns issuer securities held or traded in the account or is required to report the account's holdings and transactions under Section 16 of the Securities Exchange Act of 1934, as amended.
2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $82.17 to $82.49, inclusive. The reporting person undertakes to provide to Activision Blizzard, Inc., any security holder of Activision Blizzard, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased or sold, as applicable, at each separate price within the ranges set forth in footnotes (2 through 14) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.47 to $78.83, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.09 to $78.17, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.35 to $78.53, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $74.26 to $74.43, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.67 to $75.04, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.67 to $75.36
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.83 to $76.18, inclusive.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.54 to $77.69, inclusive.
11. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $61.82 to $61.98, inclusive.
12. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $59.16 to $59.33, inclusive.
13. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $58.45 to $58.73, inclusive.
14. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $61.17 to $61.49, inclusive.
15. The transactions reported in this Form 4, if deemed subject to Section 16, would have resulted in recoverable profits of $5,031.68. Although the reporting person disclaims beneficial ownership of securities held in the managed account, the reporting person has voluntarily paid to the Company $5,031.68, representing the full amount of the profit realized.
16. Mr. Hartong holds (a) 35,830 shares of the Company's common stock and (b) 2,683 restricted stock units, each representing the right to receive one share of the Company's common stock.
/s/ Hendrik J. Hartong III 03/23/2022
** Signature of Reporting Person Date
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).
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