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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*
ZACCONI RICCARDO
(Last) (First) (Middle)
C/O ACTIVISION BLIZZARD, INC.
3100 OCEAN PARK BOULEVARD
(Street)
SANTA MONICA CA 90405
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer, King
3. Date of Earliest Transaction (Month/Day/Year)
08/16/2017
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 08/16/2017 F(1) 796 D $62.89 48,472 D
Common Stock, par value $0.000001 per share 08/16/2017 F(2) 2,512 D $62.89 45,960 D
Common Stock, par value $0.000001 per share 08/18/2017 M 16,032 A $26.41 61,992 D
Common Stock, par value $0.000001 per share 08/18/2017 S 16,032 D $61.3144(3) 45,960 D
Common Stock, par value $0.000001 per share 08/18/2017 S 3,729 D $61.3481(4) 42,231(5) 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 (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
Employee Stock Options $26.41 08/18/2017 M 16,032 (6) 02/15/2025 Common Stock, par value $0.000001 per share 16,032 $0 96,200 D
Explanation of Responses:
1. On August 16, 2017, 1,693 restricted share units held by Mr. Zacconi vested. As allowed under the terms of his restricted share unit agreement, the Company withheld 796 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
2. On August 16, 2017, 5,344 restricted share units held by Mr. Zacconi vested. As allowed under the terms of his restricted share unit agreement, the Company withheld 2,512 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
3. The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $61.05 to $61.56 per share. Mr. Zacconi has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff with information regarding the number of shares sold at each price within that range.
4. The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $61.20 to $61.55 per share. Mr. Zacconi has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff with information regarding the number of shares sold at each price within that range.
5. Following the transactions reported on this Form 4, Mr. Zacconi held 42,231 restricted share units, each representing the right to receive a share of the Company's common stock.
6. The exercised options vested on August 16, 2017. The remaining options will be fully vested on February 16, 2019.
Remarks:
***Jeffrey A. Brown has been granted power-of-attorney to make all Section 16 filings with respect to the Company's securities on behalf of Mr. Zacconi.
/s/ Jeffrey A. Brown, as attorney-in-fact for Riccardo Zacconi 08/18/2017
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and

appoints each of Jeffrey A. Brown, Christopher B.

Walther, and Thomas Tippl, signing singly, the undersigned's true and

lawful

attorney-in-fact to:



1. execute for and on behalf of the undersigned, in the

undersigned's capacity as an officer or director

of Activision Blizzard, Inc. (the "Company"), Forms 3, 4, and 5 in

accordance

with Section 16(a) of

the Securities Exchange Act of 1934 and the rules thereunder;



2. do and perform any and all acts for and on behalf of the

undersigned which may be necessary or

desirable to complete and execute any such Form 3, 4, or 5, complete and

execute any amendment or

amendments thereto, and timely file such form with the United States

Securities and Exchange

Commission and any stock exchange or similar authority; and



3. take any other action of any type whatsoever in connection with

the foregoing which, in the opinion

of such attorney-in-fact, may be of benefit to, in the best interest of,

or

legally required by, the

undersigned, it being understood that the documents executed by such

attorney-in-fact on behalf of

the undersigned pursuant to this Power of Attorney shall be in such form

and

shall contain such

terms and conditions as such attorney-in-fact may approve in such

attorney-

in-fact's discretion.



The undersigned hereby grants to each such attorney-in-fact full power

and

authority to do and perform any

and every act and thing whatsoever requisite, necessary, or proper to be

done

in the exercise of any of the

rights and powers herein granted, as fully to all intents and purposes as

the

undersigned might or could do if

personally present, with full power of substitution or revocation, hereby

ratifying and confirming all that such

attorney-in-fact, or such attorney-in-fact's substitute or substitutes,

shall

lawfully do or cause to be done by

virtue of this power of attorney and the rights and powers herein

granted.

The undersigned acknowledges

that the foregoing attorneys-in-fact, in serving in such capacity at the

request of the undersigned, are not

assuming, nor is the Company assuming, any of the undersigned's

responsibilities to comply with Section 16

of the Securities Exchange Act of 1934.



This Power of Attorney shall remain in full force and effect until the

undersigned is no longer required to file

Forms 3, 4, and 5 with respect to the undersigned's holdings of and

transactions in securities issued by the

Company, unless earlier revoked by the undersigned in a signed writing

delivered to the foregoing attorneys-

in-fact.



IN WITNESS WHEREOF, the undersigned has caused this power of attorney to

be

executed as of this 11th

day of February, 2016.



/s/ Riccardo Zacconi __________________

Riccardo Zacconi