Andrew Wilson - May 26, 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
Stock symbol
EA
Transactions as of
May 26, 2021
Transactions value $
-$8,850,316
Form type
4
Date filed
5/27/2021, 05:50 PM
Previous filing
May 24, 2021
Next filing
Jun 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Award +125K +72.72% 296K May 26, 2021 By Family Trust F1
transaction EA Common Stock Tax liability -$8.85M -61.8K -20.87% $143.26 234K May 26, 2021 By Family Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of Performance-Based Incremental Restricted Stock Units ("PIRSUs") in shares of common stock on their scheduled vesting date. The PIRSUs were granted in June 2017. Each PIRSU represented the right to receive, at settlement, one share of common stock.
F2 Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
F3 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.