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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                       
1. Name and Address of Reporting Person * NOLAN PETER J 2. Issuer Name and Ticker or Trading Symbol Activision Blizzard, Inc. [ ATVI ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)
C/O ACTIVISION BLIZZARD, INC., 2701 OLYMPIC BOULEVARD, BUILDING B		 3. Date of Earliest Transaction (MM/DD/YYYY)
5/3/2023
(Street)
SANTA MONICA, CA 90404		 4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
 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)
 Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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  5/3/2023    P    13160  A $75.9882 (1) 174777 (2) I  By Nolan Family Trust (3)
Common Stock, par value $0.000001 per share                 15080  I  By Nolan 2007 Family Partnership LP (4)
Common Stock, par value $0.000001 per share                 15080  I  By Nolan II Family Partnership LP (5)
Common Stock, par value $0.000001 per share                 33550  I  By MIROEL Investments, LLC (6)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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

Explanation of Responses:
(1)  Reflects weighted average price, with prices actually paid ranging from $75.8399 to $76.16 per share. On behalf of the Nolan Family Trust, reporting person has provided Issuer, and upon request, will provide any security holder of Issuer or the SEC staff, with information regarding the number of shares sold at each price within that range.
(2)  Following the transaction reported on this Form 4, reporting person held, through the Nolan Family Trust, (a) 173,975 shares of Issuer's common stock and (b) 802 restricted stock units, each representing the right to receive one share of Issuer's common stock.
(3)  Reporting person and his spouse are the trustees and beneficiaries of the Nolan Family Trust, a revocable living trust.
(4)  Reporting person owns and controls the general partner of Nolan 2007 Family Partnership LP, a family limited partnership, the remaining ownership of which is split among three trusts for the benefit of reporting person's children.
(5)  Reporting person owns and controls the general partner of Nolan II Family Partnership LP, a family limited partnership, the remaining ownership of which is split among three trusts for the benefit of reporting person's children.
(6)  Reporting person is the managing member of MIROEL Investments, LLC, the ownership of which is split among three trusts for the benefit of reporting person's children and the Nolan Family Trust.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
NOLAN PETER J
C/O ACTIVISION BLIZZARD, INC.
2701 OLYMPIC BOULEVARD, BUILDING B
SANTA MONICA, CA 90404		 X



Signatures
/s/ Peter J. Nolan 5/4/2023
**Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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