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ATVI » Topics » Option Exercises and Stock Vested for Fiscal 2008

This excerpt taken from the ATVI DEF 14A filed Jul 29, 2008.

Option Exercises and Stock Vested for Fiscal 2008

        The table below sets forth the shares of restricted stock that vested for the named executive officers in fiscal 2007. The named executive officers did not exercise any options in fiscal 2008:

 
   Stock Awards  
Name
  Number of Shares
Acquired on Vesting
(#) 		  Value Realized on
Vesting(1)
($) 		 

Robert A. Kotick

     —     —  

Brian G. Kelly

     —     —  

Michael J. Griffith

     —     —  

Thomas Tippl

     —     —  

Robin Kaminsky

     10,695     288,125  

Brian Hodous

     12,500     225,926  
      (1)
      Based on closing price of the Common Stock as of the date of grant.

70

Potential Payments upon Termination or Change of Control

        The first table below describes the compensation payable to the named executive officers upon each of the following events: death, disability, performance termination, termination without cause, the consummation of the Combination and a termination of employment following the consummation of the Combination. The calculations assume that each of these events occurred on March 31, 2008.

        The second table below describes payments to be made to Messrs. Kotick and Kelly if a change of control (and subsequent termination) occurs following the consummation of the Combination.

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