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This excerpt taken from the ATVI 8-K filed May 5, 2006. (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Cash Bonus Awards. The Compensation Committee (the Committee) of the Board of Directors of Activision, Inc. (the Company) authorized the payment of cash bonus awards to executive officers of the Company in respect of the year ended March 31, 2006. The awards were determined based substantially on the Companys and each executives performance as measured against performance goals established in 2005. On May 3, 2006, the following awards were finally approved for the following named executive officers:
Director Compensation. In addition, on May 1, 2006, the Committee made decisions regarding director compensation for Mr. Doornink. Mr. Doornink served as Chief Executive Officer of Activision Publishing, Inc. from March 2002 and as President of the Company from 1998 through December 31, 2005. Pursuant to his amended employment agreement with the Company, Mr. Doornick retired from his executive officer positions on December 31, 2005. He will continue his transition to retirement through June 30, 2007. Mr. Doornink has served as a director of the Company since April 2003. On May 1, 2006, in light of Mr. Doorninks changed status with the Company, the Committee determined to provide Mr. Doornink with director compensation as provided to the Companys non-employee directors. Accordingly, the Committee approved an initial option grant to Mr. Doornick to purchase 30,000 shares of the Companys common stock. This option will vest over two years. Mr. Doornink will be eligible to received subsequent option grants consistent with the Companys non-employee director compensation program.
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This excerpt taken from the ATVI 8-K filed Jan 27, 2006. (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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