Activision Blizzard (ATVI) Form 3 Activision Blizzard / Julie Hodges ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

Hodges Julie

(Last) (First) (Middle)

C/O ACTIVISION BLIZZARD, INC.

2701 OLYMPIC BOULEVARD, BUILDING B

(Street)

SANTA MONICA CA 90404

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/21/2023

3. Issuer Name and Ticker or Trading Symbol
Activision Blizzard, Inc. [ ATVI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief People Officer

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.000001 per share	101,205(1)(2)(3)(4)(5)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 32,337 shares of Issuer's common stock.

2. Also includes an aggregate of 35,892 restricted stock units, each representing the right to receive one share of Issuer's common stock, of which (i) 29,312 are scheduled to vest on August 30, 2024; (ii) 3,290 are scheduled to vest on December 19, 2024; and (iii) 3,290 are scheduled to vest on December 19, 2025.

3. Also includes 16,488 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock, which are scheduled to vest on March 30, 2024 subject to the level of performance measured by reference to Issuer's cumulative adjusted operating income objective for 2021-2023 as set forth in Issuer's annual operating plan for 2021 (assumes target performance; maximum performance would result in vesting of 20,610 units).

4. Also includes 10,992 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock, which are scheduled to vest on March 30, 2024 subject to the level of performance measured by reference to Issuer's adjusted operating income objective for 2023 as set forth in Issuer's annual operating plan for 2023 (assumes target performance; maximum performance would result in vesting of 13,740 units).

5. Also includes 5,496 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock, which are scheduled to vest on March 30, 2024 subject to the level of performance measured by reference to Issuer's adjusted earnings per share objective for 2023 as set forth in Issuer's annual operating plan for 2023 (assumes target performance; maximum performance would result in vesting of 6,870 units).

Remarks:

	/s/ Julie Hodges	06/28/2023
	** 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 5 (b)(v).
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