Kenneth A. Moss - 16 Jun 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief Technology Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Kenneth A. Moss
Issuer symbol
EA
Transactions as of
16 Jun 2021
Net transactions value
$0
Form type
4
Filing time
17 Jun 2021, 20:28:30 UTC
Previous filing
27 May 2021
Next filing
18 Nov 2021
SEC
View on sec.gov

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Quoteable Key Fact

"Kenneth A. Moss filed Form 4 for ELECTRONIC ARTS INC. (EA) on 17 Jun 2021."

Quick Takeaways

  • This page summarizes Kenneth A. Moss's Form 4 filing for ELECTRONIC ARTS INC. (EA).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Filing timestamp: 17 Jun 2021, 20:28.

What Changed

  • Previous filing in this sequence was filed on 27 May 2021.
  • Current net transaction value: $0.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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 Award $0 +29,453 $0.000000 29,453 16 Jun 2021 Common Stock 29,453 Direct F1, F2, F3
transaction EA Restricted Stock Units Award $0 +29,453 $0.000000 29,453 16 Jun 2021 Common Stock 29,453 Direct F4, F5
* 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 a contingent right to receive one share of Electronic Arts Inc. common stock.
F2 Represents the target number of shares of Electronic Arts Inc. common stock that may be awarded upon the achievement of performance conditions relating to EA's relative total stockholder return, net bookings and operating income. The actual number of such Performance-Based Restricted Stock Units that will vest will depend on EA's relative total stockholder return, net bookings and operating income for the performance period and will range from 0% to 200% of the target number of such Performance-Based Restricted Stock Units.
F3 Performance-Based Restricted Stock Units will vest subject to the terms and conditions of the grant agreement evidencing the award and the Company's 2019 Equity Incentive Plan. The performance conditions are described in the Form of Performance-Based Restricted Stock Unit Agreement filed as Exhibit 10.10 to the Company's Form 10-K filed with the SEC on May 26, 2021 and in the Company's Form 8-K filed with the SEC on May 25, 2021.
F4 Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.
F5 Restricted Stock Units shall vest as to one-half on May 16, 2022, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2024.

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