Eric Charles Kelly - 16 May 2022 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly
Issuer symbol
EA
Transactions as of
16 May 2022
Net transactions value
-$97,314
Form type
4
Filing time
18 May 2022, 17:42:50 UTC
Previous filing
11 May 2022
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +785 +15% 6,062 16 May 2022 Direct F1
transaction EA Common Stock Tax liability $35,358 -283 -4.7% $124.94 5,779 16 May 2022 Direct F2
transaction EA Common Stock Options Exercise +398 +6.9% 6,177 16 May 2022 Direct F1
transaction EA Common Stock Tax liability $17,242 -138 -2.2% $124.94 6,039 16 May 2022 Direct F2
transaction EA Common Stock Options Exercise +469 +7.8% 6,508 17 May 2022 Direct F1
transaction EA Common Stock Tax liability $20,765 -163 -2.5% $127.39 6,345 17 May 2022 Direct F2
transaction EA Common Stock Options Exercise +541 +8.5% 6,886 17 May 2022 Direct F1
transaction EA Common Stock Tax liability $23,949 -188 -2.7% $127.39 6,698 17 May 2022 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 -785 -33% 1,571 16 May 2022 Common Stock 785 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -398 -33% 795 16 May 2022 Common Stock 398 Direct F1, F4
transaction EA Restricted Stock Units Options Exercise -469 -100% 0 17 May 2022 Common Stock 469 Direct F1, F5
transaction EA Restricted Stock Units Options Exercise -541 -100% 0 17 May 2022 Common Stock 541 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 award has vested or will vest as to one-third 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.
F4 This award has vested or will 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 This award is fully vested.