Andrew Wilson - Nov 16, 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
Nov 16, 2021
Transactions value $
-$2,050,025
Form type
4
Date filed
11/18/2021, 05:10 PM
Previous filing
Sep 22, 2021
Next filing
Nov 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +15.9K +8.19% 210K Nov 16, 2021 By Family Trust F1
transaction EA Common Stock Tax liability -$1.11M -7.89K -3.75% $141.28 202K Nov 16, 2021 By Family Trust F2
transaction EA Common Stock Options Exercise +13.5K +6.69% 216K Nov 17, 2021 By Family Trust F1
transaction EA Common Stock Tax liability -$936K -6.71K -3.11% $139.56 209K Nov 17, 2021 By Family Trust F2, F3

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 -15.9K -25% 47.7K Nov 16, 2021 Common Stock 15.9K Direct F1, F4
transaction EA Restricted Stock Units Options Exercise -13.5K -50% 13.5K Nov 17, 2021 Common Stock 13.5K 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 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.
F4 Restricted Stock Units shall vest as to one-third on May 16, 2021, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2023.
F5 Restricted Stock Units shall vest as to one-third on May 17, 2020, with the remainder of the award vesting in equal installments (one-sixth) on November 17, 2020, May 17, 2021, November 17, 2021 and May 17, 2022.