Matthew Bilbey - May 16, 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role: EVP of Strategic Growth
Signature: /s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Matthew Bilbey
Stock symbol: EA
Transactions as of: May 16, 2021
Transactions value $: -$692,130
Form type: 4
Date filed: 5/17/2021, 05:54 PM
Next filing: May 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EA	Common Stock	Options Exercise		+2.04K	+35.42%		7.8K	May 16, 2021	Direct	F1
transaction	EA	Common Stock	Tax liability	-$151K	-1.09K	-13.99%	$138.62	6.71K	May 16, 2021	Direct	F2
transaction	EA	Common Stock	Options Exercise		+7.29K	+108.61%		14K	May 16, 2021	Direct	F3
transaction	EA	Common Stock	Tax liability	-$541K	-3.9K	-27.86%	$138.62	10.1K	May 16, 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EA	Performance-based Restricted Stock Units	Options Exercise		-2.04K	-4.67%		41.7K	May 16, 2021	Common Stock	2.04K		Direct	F1, F4, F5
transaction	EA	Performance-based Restricted Stock Units	Other		-7.29K	-17.48%		34.4K	May 16, 2021	Common Stock	7.29K		Direct	F1, F6
transaction	EA	Restricted Stock Units	Options Exercise		-7.29K	-33.33%		14.6K	May 16, 2021	Common Stock	7.29K		Direct	F3, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based Restricted Stock Units in shares of common stock on their scheduled vesting date.
F2	Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
F3	Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
F4	Vesting of this award depends on EA's relative total stockholder return. 28% of the target number of Performance-Based Restricted Stock Units vested from the first tranche of this award based on actual performance.
F5	Represents the number of Performance-Based Restricted Stock Units that could vest based on the maximum level of achievement. The actual vesting of this award depends on EA's relative total stockholder return.
F6	Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms. Pursuant to the terms of the applicable award agreement, 5,249 Performance-Based Restricted Stock Units from this tranche were not cancelled and remain unearned as they can be earned in future periods.
F7	This award has vested or will vest as to one-third of the Restricted Stock Units one month prior to the first anniversary of the grant date, with the remainder of the Restricted Stock Units to vest in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2023.