Laura Miele - 16 Nov 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Laura Miele
Issuer symbol
EA
Transactions as of
16 Nov 2021
Net transactions value
-$714,744
Form type
4
Filing time
18 Nov 2021, 16:50:51 UTC
Previous filing
02 Nov 2021
Next filing
22 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +5,303 +26% 25,835 16 Nov 2021 Direct F1
transaction EA Common Stock Tax liability $371,566 -2,630 -10% $141.28 23,205 16 Nov 2021 Direct F2
transaction EA Common Stock Options Exercise +4,958 +21% 28,163 17 Nov 2021 Direct F1
transaction EA Common Stock Tax liability $343,178 -2,459 -8.7% $139.56 25,704 17 Nov 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 Restricted Stock Units Options Exercise -5,303 -25% 15,907 16 Nov 2021 Common Stock 5,303 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -4,958 -50% 4,958 17 Nov 2021 Common Stock 4,958 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
F3 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.
F4 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.