ATVI » Topics » Restricted Stock Rights

This excerpt taken from the ATVI 10-Q filed May 8, 2009.

Restricted Stock Rights

 

The following table summarizes our restricted stock rights (including restricted stock units, restricted stock, and performance shares) activity for the three months ended March 31, 2009 (amounts in thousands, except per share amount):

 

 

 

Restricted Stock
Rights

 

Weighted-
Average Grant
Date Fair Value

 

Balance at December 31, 2008

 

10,267

 

$

14.52

 

Granted

 

23

 

9.96

 

Vested

 

(109

)

9.48

 

Forfeited

 

(4

)

17.51

 

Balance at March 31, 2009

 

10,177

 

13.21

 

 

At March 31, 2009, $66 million of total unrecognized compensation cost related to Activision Blizzard restricted stock rights is expected to be recognized over a weighted-average period of 1.96 years.

 

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