SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Kaminsky Robin (Last) (First) (Middle) C/O ACTIVISION PUBLISHING, INC. 3100 OCEAN PARK BOULEVARD (Street) SANTA MONICA CA 90405 (City) (State) (Zip)	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) EVP, Publishing
	3. Date of Earliest Transaction (Month/Day/Year) 05/12/2008
	4. If Amendment, Date of 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

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 $0.00001 per share	05/12/2008		M		150,033	A	$10.8075	181,733	D
Common Stock, par value $0.00001 per share	05/12/2008		S		150,033	D	$31	31,700	D
Common Stock, par value $0.00001 per share	05/13/2008		M		63,301	A	$10.8075	95,001	D
Common Stock, par value $0.00001 per share	05/13/2008		S		63,301	D	$31	31,700	D
Common Stock, par value $0.00001 per share	05/13/2008		M		20,000	A	$13.61	51,700	D
Common Stock, par value $0.00001 per share	05/13/2008		S		20,000	D	$31	31,700	D
Common Stock, par value $0.00001 per share	05/13/2008		M		66,667	A	$15.142	98,367	D
Common Stock, par value $0.00001 per share	05/13/2008		S		66,667	D	$31	31,700	D
Common Stock, par value $0.00001 per share	05/13/2008		M		25,000	A	$15.142	56,700	D
Common Stock, par value $0.00001 per share	05/13/2008		S		25,000	D	$31	31,700(1)	D(2)

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 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: 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	$10.8075	05/12/2008		M			150,033	(3)	05/02/2015	Common Stock, par value $0.00001 per share	150,033	$0	116,634	D(2)
Employee Stock Options	$10.8075	05/13/2008		M			63,301	(3)	05/02/2015	Common Stock, par value $0.00001 per share	63,301	$0	53,333	D(2)
Employee Stock Options	$13.61	05/13/2008		M			20,000	(4)	04/21/2016	Common Stock, par value $0.00001 per share	20,000	$0	60,000	D(2)
Employee Stock Options	$15.142	05/13/2008		M			66,667	(5)	10/19/2016	Common Stock, par value $0.00001 per share	66,667	$0	133,333	D(2)
Employee Stock Options	$15.142	05/13/2008		M			25,000	(6)	10/19/2016	Common Stock, par value $0.00001 per share	25,000	$0	75,000	D(2)

Explanation of Responses:

1. Following the transactions reported on this Form 4, Ms. Kaminsky holds (a) 7,395 shares of the Company's common stock (including 524 shares she purchased on March 31, 2008 through the Company's employee stock purchase plan) and (b) 24,305 restricted shares of the Company's common stock.

2. On May 6, 2008, Ms. Kaminsky transferred her holdings in the Company's securities to the Bogen Family Trust. She continues to hold those securities as her sole and separate property and does not share voting or investment power with respect thereto.

3. These options vest with respect to 20% of the shares on each of May 1, 2006, 2007, 2008, 2009 and 2010, subject to the possible earlier vesting of options with respect to an additional 20% of the shares following each of fiscal 2006 and 2007 if the Company were to meet or exceed a corporate operating income target established by the Compensation Committee for such year. The corporate operating income target was achieved for fiscal 2007, and, accordingly, options with respect to 20% of the shares vested on May 15, 2007, in addition to the options with respect to 20% of the shares that vested in accordance with that vesting schedule on May 1, 2007.

4. These options vest in full on April 1, 2010, subject to the possible earlier vesting of (a) options with respect to 25% of the shares following fiscal 2007 if the Company were to meet or exceed a corporate operating income target established by the Compensation Committee for such year and (b) options with respect to 35% of the shares following fiscal 2008 if the Company were to meet or exceed a corporate operating income target established by the Compensation Committee for such year. The corporate operating income target was achieved for fiscal 2007, and, accordingly, options with respect to 25% of the shares vested on May 15, 2007

5. These options vest with respect to one-third of the shares on each of October 19, 2007, 2008 and 2009.

6. These options vest in full on October 19, 2009, subject to the possible earlier vesting of options with respect to 25% of the shares following each of fiscal 2007 and 2008 if the Company were to meet or exceed a corporate operating income target established by the Compensation Committee for such year. The corporate operating income target was achieved for fiscal 2007, and, accordingly, options with respect to 25% of the shares vested on May 15, 2007.

Remarks:

	/s/ Robin Kaminsky	05/14/2008
	** Signature of Reporting Person	Date
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