FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Wereb Stephen G 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
_____ Officer (give title below)      __ X __ Other (specify below)
Former Principal Acct. Officer
(Last)          (First)          (Middle)
C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)
8/13/2019
(Street)
SANTA MONICA, CA 90405
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   8/13/2019     S    9144   D $47.9724   (1) 58563   D    
Common Stock, par value $0.000001 per share   8/13/2019     M    42437   A $41.09   101000   D    
Common Stock, par value $0.000001 per share   8/13/2019     M    5397   A $41.09   106397   D    
Common Stock, par value $0.000001 per share   8/13/2019     M    3575   A $34.59   109972   D    
Common Stock, par value $0.000001 per share   8/13/2019     S    51409   D $48.0016   (2) 58563   (3) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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   $41.09   8/13/2019     M         42437      (4) 11/7/2026   Common Stock, par value $0.000001 per share   42437.0   $0   0   D    
Employee Stock Options   $41.09   8/13/2019     M         5397      (5) 11/7/2026   Common Stock, par value $0.000001 per share   5397.0   $0   2698   D    
Employee Stock Options   $34.59   8/13/2019     M         3575      (6) 11/13/2025   Common Stock, par value $0.000001 per share   3575.0   $0   0   D    

Explanation of Responses:
(1)  The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $47.9709 to $47.9777 per share. Mr. Wereb has provided 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.
(2)  The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $47.99 to $48.01 per share. Mr. Wereb has provided 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.
(3)  Following the transactions reported on this Form 4, Mr. Wereb held (a) 10,393 shares of the Company's common stock, (b) 11,833 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and (c) 36,337 time-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
(4)  These options were fully vested on June 29, 2019.
(5)  These options were fully vested on November 7, 2018. The remaining options were eligible to vest on November 7, 2019, subject to Mr. Wereb's employment through that date.
(6)  These options were fully vested on November 13, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Wereb Stephen G
C/O ACTIVISION BLIZZARD, INC.
3100 OCEAN PARK BOULEVARD
SANTA MONICA, CA 90405



Former Principal Acct. Officer

Signatures
/s/ Stephen G. Wereb 8/14/2019
** 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 control number.
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