Vijayanthimala Singh - May 18, 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief People Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Vijayanthimala Singh
Stock symbol
EA
Transactions as of
May 18, 2021
Transactions value $
-$212,071
Form type
4
Date filed
5/19/2021, 05:32 PM
Previous filing
May 17, 2021
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +1.38K +5.55% 26.2K May 18, 2021 By Family Trust F1
transaction EA Common Stock Tax liability -$94.3K -686 -2.61% $137.53 25.5K May 18, 2021 By Family Trust F2
transaction EA Common Stock Options Exercise +1.73K +6.76% 27.3K May 18, 2021 By Family Trust F3
transaction EA Common Stock Tax liability -$118K -856 -3.14% $137.53 26.4K May 18, 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 -1.38K -10.2% 12.1K May 18, 2021 Common Stock 1.38K Direct F1, F5
transaction EA Performance-based Restricted Stock Units Other -12.1K -100% 0 May 18, 2021 Common Stock 12.1K Direct F1, F6
transaction EA Restricted Stock Units Options Exercise -1.73K -100% 0 May 18, 2021 Common Stock 1.73K 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 Shares are held by the Singh-Force Family Trust. Ms. Singh has investment control over, and pecuniary interest in, all shares held by the Singh-Force Family Trust.
F5 Vesting of this award depends on EA's relative total stockholder return. 12% of the target number of Performance-Based Restricted Stock Units of the first tranche and the second tranche of this award vested based on actual performance and 16% of the target number of Performance-Based Restricted Stock Units of the third tranche of this award vested based on actual performance.
F6 Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.
F7 This award was fully vested as of May 18, 2021.