Andrew Wilson - 16 May 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role: Chief Executive Officer, Director
Signature: /s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Andrew Wilson
Issuer symbol: EA
Transactions as of: 16 May 2021
Net transactions value: -$5,446,380
Form type: 4
Filing time: 17 May 2021, 18:21:40 UTC
Previous filing: 14 May 2021
Next filing: 19 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EA	Common Stock	Options Exercise		+13,361	+9.8%		149,602	16 May 2021	By Family Trust	F1
transaction	EA	Common Stock	Tax liability	$768,925	-5,547	-3.7%	$138.62	144,055	16 May 2021	By Family Trust	F2
transaction	EA	Common Stock	Options Exercise		+31,814	+22%		175,869	16 May 2021	By Family Trust	F3
transaction	EA	Common Stock	Tax liability	$2,186,592	-15,774	-9%	$138.62	160,095	16 May 2021	By Family Trust	F2
transaction	EA	Common Stock	Options Exercise		+22,717	+14%		182,812	17 May 2021	By Family Trust	F1
transaction	EA	Common Stock	Tax liability	$1,561,416	-11,264	-6.2%	$138.62	171,548	17 May 2021	By Family Trust	F2
transaction	EA	Common Stock	Options Exercise		+13,523	+7.9%		185,071	17 May 2021	By Family Trust	F3
transaction	EA	Common Stock	Tax liability	$929,447	-6,705	-3.6%	$138.62	178,366	17 May 2021	By Family Trust	F2, F4

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		-13,361	-4.7%		272,965	16 May 2021	Common Stock	13,361		Direct	F1, F5, F6
transaction	EA	Performance-based Restricted Stock Units	Other		-47,721	-17%		225,244	16 May 2021	Common Stock	47,721		Direct	F1, F7
transaction	EA	Restricted Stock Units	Options Exercise		-31,814	-33%		63,628	16 May 2021	Common Stock	31,814		Direct	F3, F8
transaction	EA	Performance-based Restricted Stock Units	Options Exercise		-22,717	-21%		86,002	17 May 2021	Common Stock	22,717		Direct	F1, F6, F9
transaction	EA	Performance-based Restricted Stock Units	Other		-27,045	-31%		58,957	17 May 2021	Common Stock	27,045		Direct	F1, F10
transaction	EA	Restricted Stock Units	Options Exercise		-13,523	-33%		27,044	17 May 2021	Common Stock	13,523		Direct	F3, F11

* 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	Shares are held by the Wilson Family 2015 Trust. Mr. Wilson has investment control over, and pecuniary interest in, all shares held by the Wilson Family 2015 Trust.
F5	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.
F6	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.
F7	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, 34,360 Performance-Based Restricted Stock Units from this tranche were not cancelled and remain unearned as they can be earned in future periods.
F8	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.
F9	Vesting of this award depends on EA's relative total stockholder return. 84% of the target number of Performance-Based Restricted Stock Units vested from the second tranche of this award based on actual performance.
F10	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, 4,328 Performance-Based Restricted Stock Units from the second tranche of this award were not cancelled and remain unearned as they can be earned in future periods along with 541 Performance-Based Restricted Stock Units from the first tranche of this award.
F11	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 17, 2022.