Edgar Filing: ACTIVISION INC /NY

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

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

VRABECK KATHY P

2. Issuer Name and Ticker or Trading Symbol
ACTIVISION INC /NY [ATVI]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President-Activision Publish'g

(Last)

(First)

(Middle)

C/O ACTIVISION, INC., 3100 OCEAN PARK BOULEVARD

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2005

(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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $.000001 per share	06/01/2005		M		35,000	A	$ 7.445	46,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		60,000	A	$ 7.445	106,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		15,000	A	$ 7.445	121,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		75,000	A	$ 7.2734	196,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		27,500	A	$ 4.8434	223,886	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		24,998	A	$ 4.8434	248,884	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		30,000	A	$ 4.8434	278,884	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		S		5,000	D	$ 15.77	273,884	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		S		5,000	D	$ 15.76	268,884	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		S		257,498	D	$ 15.75	11,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		M		105,000	A	$ 9.2033	116,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		S		60,000	D	$ 15.92	56,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		S		10,000	D	$ 15.89	46,386	D ⁽¹⁾
Common Stock, par value $.000001 per share	06/01/2005		S		35,000	D	$ 15.85	11,386 ⁽²⁾	D ⁽¹⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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.		SEC 1474 (9-02)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Options

$ 7.445

06/01/2005

⁽³⁾

11/06/2013

Common Stock

35,000

$ 0

105,000

Employee Stock Options

$ 7.445

06/01/2005

⁽⁴⁾

11/06/2013

Common Stock

60,000

$ 0

240,000

Employee Stock Options

$ 7.445

06/01/2005

⁽⁵⁾

11/06/2013

Common Stock

15,000

$ 0

45,000

Employee Stock Options

$ 7.2734

06/01/2005

⁽⁶⁾

10/12/2012

Common Stock

75,000

$ 0

150,000

Employee Stock Options

$ 4.8434

06/01/2005

⁽⁷⁾

03/20/2013

Common Stock

27,500

$ 0

10,997

Employee Stock Options

$ 4.8434

06/01/2005

⁽⁸⁾

03/20/2013

Common Stock

24,998

$ 0

9,997

Employee Stock Options

$ 4.8434

06/01/2005

⁽⁹⁾

03/20/2013

Common Stock

30,000

$ 0

90,000

Employee Stock Options

$ 9.2033

06/01/2005

⁽¹⁰⁾

04/08/2012

Common Stock

105,000

$ 0

15,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
VRABECK KATHY P C/O ACTIVISION, INC. 3100 OCEAN PARK BOULEVARD SANTA MONICA, CA 90405			President-Activision Publish'g

Signatures

/s/ George L. Rose (Attorney-In-Fact)		06/03/2005
^**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 Filer also indirectly owns 9,000 shares of Common Stock by virtue of reporting person's spouse's ownership of 9,000 shares of Company Common Stock.
(2)	All 11,386 shares owned by the Filer were purchased through the Company's employee stock purchase plan.
(3)	The option will vest on November 6, 2008. However, one half of the option may vest on an accelerated basis if certain earnings and other financial goals are met.
(4)	The options vest in five equal annual installments beginning on November 1, 2004.
(5)	The option will vest on November 6, 2008. However, one half of the option may vest on an accelerated basis if certain earnings and other financial goals are met.
(6)	The options vest in four equal installments beginning on 4/1/04, however, the fourth installment may vest on an accelerated basis if certain earnings and other financial goals are met.
(7)	The original option grant provided one half of the such options would vest in three equal annual installments beginning on 4/1/04. The second half of the option will vest on April 1, 2009, and that the second half of the option would vest on an accelerated basis if certain earning and other financial goals were met.
(8)	The original option grant provided one half of the such options would vest in three equal annual installments beginning on 4/1/04. The second half of the option will vest on April 1, 2009, and that the second half of the option would vest on an accelerated basis if certain earning and other financial goals were met.
(9)	The original options granted provided that such options would vest in five equal annual installments beginning on April 1, 2004.
(10)	The option vested in four equal semi-annual installments beginning on October 1, 2002.
Remarks: George L. Rose was granted a power of attorney to sign all Forms 4 and Forms 5 on behalf of Kathy P. Vrabeck.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.