Statement of Changes of Beneficial Ownership

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, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kaminsky Robin 		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
(Last)          (First)          (Middle)

C/O ACTIVISION PUBLISHING, INC., 3100 OCEAN PARK BOULEVARD 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/12/2008
(Street)

SANTA MONICA, CA 90405
(City)        (State)        (Zip)
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

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 $0.00001 per share   5/12/2008     M    150033   A $10.8075   181733   D  
 
Common Stock, par value $0.00001 per share   5/12/2008     S    150033   D $31.00   31700   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     M    63301   A $10.8075   95001   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     S    63301   D $31.00   31700   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     M    20000   A $13.61   51700   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     S    20000   D $31.00   31700   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     M    66667   A $15.142   98367   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     S    66667   D $31.00   31700   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     M    25000   A $15.142   56700   D  
 
Common Stock, par value $0.00001 per share   5/13/2008     S    25000   D $31.00   31700   (1) D   (2)
 

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
Employee Stock Options   $10.8075   5/12/2008     M        150033      (3) 5/2/2015   Common Stock, par value $0.00001 per share   150033   $0   116634   D   (2)
 
Employee Stock Options   $10.8075   5/13/2008     M        63301      (3) 5/2/2015   Common Stock, par value $0.00001 per share   63301   $0   53333   D   (2)
 
Employee Stock Options   $13.61   5/13/2008     M        20000      (4) 4/21/2016   Common Stock, par value $0.00001 per share   20000   $0   60000   D   (2)
 
Employee Stock Options   $15.142   5/13/2008     M        66667      (5) 10/19/2016   Common Stock, par value $0.00001 per share   66667   $0   133333   D   (2)
 
Employee Stock Options   $15.142   5/13/2008     M        25000      (6) 10/19/2016   Common Stock, par value $0.00001 per share   25000   $0   75000   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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Kaminsky Robin
C/O ACTIVISION PUBLISHING, INC.
3100 OCEAN PARK BOULEVARD
SANTA MONICA, CA 90405

EVP, Publishing

Signatures
/s/ Robin Kaminsky 5/14/2008
** 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).
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