Jacob J. Schatz - Nov 16, 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief Legal Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For Jacob J. Schatz
Stock symbol
EA
Transactions as of
Nov 16, 2021
Transactions value $
-$514,593
Form type
4
Date filed
11/18/2021, 05:04 PM
Previous filing
Oct 18, 2021
Next filing
Dec 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +2.65K +15.04% 20.3K Nov 16, 2021 Direct F1
transaction EA Common Stock Tax liability -$186K -1.32K -6.48% $141.28 19K Nov 16, 2021 Direct F2
transaction EA Common Stock Sale -$142K -1K -5.27% $141.52 18K Nov 16, 2021 Direct F3
transaction EA Common Stock Options Exercise +2.71K +15.05% 20.7K Nov 17, 2021 Direct F1
transaction EA Common Stock Tax liability -$187K -1.34K -6.49% $139.56 19.3K Nov 17, 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 -2.65K -25% 7.95K Nov 16, 2021 Common Stock 2.65K Direct F1, F4
transaction EA Restricted Stock Units Options Exercise -2.71K -50.01% 2.7K Nov 17, 2021 Common Stock 2.71K Direct F1, F5
* 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 sale was effected pursuant to a 10b5-1 trading plan established by Mr. Schatz on May 14, 2021.
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 16, 2023.
F5 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.