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Activision Blizzard (ATVI)
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ATVI » Topics » d) Blizzard Equity Plan Payment

These excerpts taken from the ATVI 8-K filed Nov 5, 2008.

d) Blizzard Equity Plan Payment

 

As discussed in Note 7, under the terms of the BEP and BCA, upon the Business Combination which triggered the change in control provision, Activision Blizzard made aggregate cash payments to participants of $106.9 million subsequent to the Business Combination. An additional $91.6 million is estimated to be paid eighteen months after the Business Combination, assuming the participants remain employed through the payment date.

 

d) Blizzard Equity Plan Payment

 

As discussed in Note 7, under the terms of the BEP and BCA, upon the Business Combination which triggered the change in control provision, Activision Blizzard made aggregate cash payments to participants of $106.9 million subsequent to the Business Combination. An additional $91.6 million is estimated to be paid eighteen months after the Business Combination, assuming the participants remain employed through the payment date.

 

d) Blizzard Equity Plan Payment

 

As discussed in Note 7, under the terms of the BEP and BCA, upon the Business Combination which triggered the change in control provision, Activision Blizzard made aggregate cash payments to participants of $106.9 million subsequent to the Business Combination. An additional $91.6 million is estimated to be paid eighteen months after the Business Combination, assuming the participants remain employed through the payment date.

 

EXCERPTS ON THIS PAGE:

8-K (3 sections)
Nov 5, 2008

RELATED TOPICS for ATVI:

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