Jacob J. Schatz - 16 Nov 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
Issuer symbol: EA
Transactions as of: 16 Nov 2021
Net transactions value: -$514,593
Form type: 4
Filing time: 18 Nov 2021, 17:04:26 UTC
Previous filing: 18 Oct 2021
Next filing: 20 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EA	Common Stock	Options Exercise		+2,651	+15%		20,283	16 Nov 2021	Direct	F1
transaction	EA	Common Stock	Tax liability	$185,783	-1,315	-6.5%	$141.28	18,968	16 Nov 2021	Direct	F2
transaction	EA	Common Stock	Sale	$141,520	-1,000	-5.3%	$141.52	17,968	16 Nov 2021	Direct	F3
transaction	EA	Common Stock	Options Exercise		+2,705	+15%		20,673	17 Nov 2021	Direct	F1
transaction	EA	Common Stock	Tax liability	$187,290	-1,342	-6.5%	$139.56	19,331	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		-2,651	-25%		7,954	16 Nov 2021	Common Stock	2,651		Direct	F1, F4
transaction	EA	Restricted Stock Units	Options Exercise		-2,705	-50%		2,704	17 Nov 2021	Common Stock	2,705		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.