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 * KELLY BRIAN G   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., 3100 OCEAN PARK BLVD 3. Date of Earliest Transaction (Month/Day/Year) 05/18/2010 (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 05/18/2010   G(1)(2) V 727,274 A $ 0 727,274 I See footnote (3)

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

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
KELLY BRIAN G C/O ACTIVISION BLIZZARD, INC. 3100 OCEAN PARK BLVD SANTA MONICA, CA 90405	X

Signatures

/s/ Brian G. Kelly		05/21/2010
**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)	On May 18, 2010, for estate planning purposes, Brian G. Kelly transferred 720,001 restricted stock units granted to him on July 9, 2008, by the Company (each representing the right to receive a share of common stock of the Company), to a Delaware limited partnership (the "LP"), in exchange for a 99% limited partnership interest in the LP. (Mr. Kelly then immediately transferred all of his limited partnership interest in the LP to a Grantor Retained Annuity Trust (the "Trust") of which he is the annuitant beneficiary and his wife, Joelle Kelly, is the trustee.)
(2)	Also for estate planning purposes, Mr. Kelly made a gift of 7,273 restricted stock units granted to him on July 9, 2008, by the Company (each representing the right to receive a share of common stock of the Company) to his wife, who immediately assigned the 7,273 restricted stock units to a Delaware limited liability corporation (the "LLC"), in exchange for a 100% interest in the LLC. The LLC then immediately transferred 7,273 restricted stock units to the LP in exchange for a 1% general partnership interest in the LP. All of the restricted stock units will vest on December 31, 2010.
(3)	Following the transfers described above, Mr. Kelly (including through his wife's ownership) indirectly owned 727,274 restricted stock units held by the LP (and indirectly by the Trust).

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