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 *
Tippl Thomas
  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)
Chief Financial Officer
(Last)
(First)
(Middle)
C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BOULEVARD
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2008
(Street)

SANTA MONICA, CA 90405
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 08/04/2008   M   60,000 A $ 13.61 156,712 I See footnote (1)
Common Stock, par value $0.000001 per share 08/04/2008   M   284,444 A $ 15.21 441,156 I See footnote (1)
Common Stock, par value $0.000001 per share 08/04/2008   S   344,444 D $ 34.1 96,712 (2) I See footnote (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Option $ 13.61 08/04/2008   M     60,000   (3) 04/21/2016 Common Stock, par value $0.000001 per share 60,000 $ 0 40,000 I See footnote (1)
Employee Stock Option $ 15.21 08/04/2008   M     284,444   (4) 10/03/2015 Common Stock, par value $0.000001 per share 284,444 $ 0 515,556 I See footnote (1)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Tippl Thomas
C/O ACTIVISION BLIZZARD, INC.
3100 OCEAN PARK BOULEVARD
SANTA MONICA, CA 90405
      Chief Financial Officer  

Signatures

 /s/ Thomas Tippl   08/06/2008
**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) Held by the Thomas and Laura Tippl Family Trust.
(2) Following the transactions reported on this Form 4, Mr. Tippl (through the Thomas and Laura Family Trust) holds 96,712 restricted shares of the Company's common stock.
(3) One-fourth of the grant of options to purchase 100,000 shares of the Company's common stock vested on May 15, 2007 following the Company's satisfaction of corporate operating income targets established by the Compensation Committee of the Board of Directors for the year ended March 31, 2007 and 35% of the grant vested on May 15, 2008 following the Company's satisfaction of corporate operating income targets established by the Compensation Committee of the Board of Directors for the year ended March 31, 2008. The remaining options will vest in full on April 1, 2010.
(4) This option to purchase 800,000 shares of the Company's common stock consists of three tranches. A tranche consisting of options to purchase 266,666 shares will vest in full on October 3, 2010. One-fifth of a tranche to purchase 266,667 vested on each of October 3, 2006 and 2007 and the remaining options will vest in equal installments on each of October 3, 2008, 2009 and 2010. One-third of a tranche to purchase 266,667 shares vested on each of May 15, 2007 and May 15, 2008, respectively, following the Company's satisfaction of corporate operating income targets established by the Compensation Committee of the Board of Directors for the fiscal years ended March 31, 2007 and March 31, 2008, and the remaining options in that tranche will vest in full on October 3, 2010 (subject to possible earlier acceleration of one-third of the tranche in connection with the Company's satisfaction of corporate operating income targets for the Company's fiscal year 2009).

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