Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Morhaime Michael
   2. Issuer Name and Ticker or Trading Symbol
Activision Blizzard, Inc. [ATVI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres. & CEO-Blizzard Ent.
(Last)
(First)
(Middle)
C/O BLIZZARD ENTERTAINMENT, 16215 ALTON PARKWAY		 3. Date of Earliest Transaction (Month/Day/Year)
03/15/2017
(Street)

IRVINE, CA 92618		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.000001 per share 03/15/2017   M   5,000 A $ 11.54 27,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   5,000 D $ 49.1783 (1) 22,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   M   2,500 A $ 11.88 25,043 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   2,500 D $ 49.1783 (1) 22,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   M   1,705 A $ 12.98 24,248 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   1,705 D $ 49.1783 (1) 22,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   M   3,258 A $ 10.66 25,801 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   3,258 D $ 49.1783 (1) 22,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   M   8,686 A $ 17.72 31,229 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   8,686 D $ 49.1783 (1) 22,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   M   7,037 A $ 20.1 29,580 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   7,037 D $ 49.1783 (1) 22,543 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   M   1,438 A $ 34.59 23,981 I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share 03/15/2017   S   1,438 D $ 49.1783 (1) 22,543 (2) I Securites held by Mr. Morhaime's wife
Common Stock, par value $0.000001 per share               139,999 (3) D  
Common Stock, par value $0.000001 per share               369,821 (4) I See footnote. (5)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options $ 11.54 03/15/2017   M     5,000   (6) 11/09/2019 Common Stock, par value $0.000001 per share 5,000 $ 0 0 I Securites held by Mr. Morhaime's wife
Employee Stock Options $ 11.88 03/15/2017   M     2,500   (7) 11/08/2020 Common Stock, par value $0.000001 per share 2,500 $ 0 0 I Securites held by Mr. Morhaime's wife
Employee Stock Options $ 12.98 03/15/2017   M     1,705   (8) 11/10/2021 Common Stock, par value $0.000001 per share 1,705 $ 0 0 I Securites held by Mr. Morhaime's wife
Employee Stock Options $ 10.66 03/15/2017   M     3,258   (9) 11/09/2022 Common Stock, par value $0.000001 per share 3,258 $ 0 0 I Securites held by Mr. Morhaime's wife
Employee Stock Options $ 17.72 03/15/2017   M     8,686   (10) 11/15/2023 Common Stock, par value $0.000001 per share 8,686 $ 0 0 I Securites held by Mr. Morhaime's wife
Employee Stock Options $ 20.1 03/15/2017   M     7,037   (11) 11/14/2024 Common Stock, par value $0.000001 per share 7,037 $ 0 3,518 I Securites held by Mr. Morhaime's wife
Employee Stock Options $ 34.59 03/15/2017   M     1,438   (12) 11/13/2025 Common Stock, par value $0.000001 per share 1,438 $ 0 2,875 I Securites held by Mr. Morhaime's wife

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Morhaime Michael
C/O BLIZZARD ENTERTAINMENT
16215 ALTON PARKWAY
IRVINE, CA 92618		       Pres. & CEO-Blizzard Ent.  

Signatures

 /s/ Michael Morhaime   03/17/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $49.17 to $49.22 per share. Mr. Morhaime has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
(2) Following the transactions reported on this Form 4, Mr. Morhaime indirectly holds, through his wife, (a) 12,861 shares of the Company's common stock and (b) 9,682 performance-based vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
(3) Mr. Morhaime directly holds 139,999 restricted stock units, each representing the right to receive one share of the Company's common stock.
(4) Mr. Morhaime indirectly holds, through the Michael Morhaime Revocable Trust, 369,821 shares of the Company's common stock.
(5) These securities are held by the Michael Morhaime Revocable Trust.
(6) These options were fully exercisable as of November 9, 2012.
(7) These options were fullly exercisable as of November 8, 2013.
(8) These options were fully exercisable as of November 10, 2014.
(9) These options were fully exercisable as of November 9, 2015.
(10) These options were fully exercisable as of November 15, 2016.
(11) The exercised options were fully vested as of November 14, 2016. The remaining options will vest on November 14, 2017.
(12) The exercised options vested on November 13, 2016. One-half of the remaining options will vest on each of November 13, 2017 and 2018.

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