This excerpt taken from the ATVI DEF 14A filed Jul 30, 2007.
Net Dilution (%)
In fiscal 2006, equity awards involving 2,985,809 shares of Common Stock in the aggregate were granted to four new senior executives in connection with the commencement of their employment with the Company. Excluding the
effect of such grants, net dilution from equity awards in fiscal 2006 would have been 1.7%.
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