Vijayanthimala Singh - May 16, 2022 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Vijayanthimala Singh
Stock symbol
EA
Transactions as of
May 16, 2022
Transactions value $
-$1,013,014
Form type
4
Date filed
5/18/2022, 07:46 PM
Previous filing
May 3, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +954 +4.89% 20.5K May 16, 2022 By Family Trust F1
transaction EA Common Stock Tax liability -$41.2K -330 -1.61% $124.94 20.1K May 16, 2022 By Family Trust F2
transaction EA Common Stock Options Exercise +2.65K +13.17% 22.8K May 16, 2022 By Family Trust F3
transaction EA Common Stock Tax liability -$164K -1.32K -5.77% $124.94 21.5K May 16, 2022 By Family Trust F2
transaction EA Common Stock Options Exercise +8.77K +40.81% 30.2K May 16, 2022 By Family Trust F3
transaction EA Common Stock Tax liability -$411K -3.29K -10.88% $124.94 27K May 16, 2022 By Family Trust F2
transaction EA Common Stock Options Exercise +3.57K +13.24% 30.5K May 16, 2022 By Family Trust F1
transaction EA Common Stock Tax liability -$225K -1.77K -5.8% $127.39 28.8K May 17, 2022 By Family Trust F2
transaction EA Common Stock Options Exercise +2.7K +9.4% 31.5K May 17, 2022 By Family Trust F3
transaction EA Common Stock Tax liability -$171K -1.34K -4.26% $127.39 30.1K May 17, 2022 By Family Trust F2, F4

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 Performance-based Restricted Stock Units Options Exercise -954 -3.81% 24.1K May 16, 2022 Common Stock 954 Direct F1, F5, F6
transaction EA Performance-based Restricted Stock Units Other -5.3K -22.03% 18.8K May 16, 2022 Common Stock 5.3K Direct F1, F7
transaction EA Restricted Stock Units Options Exercise -2.65K -33.34% 5.3K May 16, 2022 Common Stock 2.65K Direct F3, F8
transaction EA Restricted Stock Units Options Exercise -8.77K -50% 8.77K May 16, 2022 Common Stock 8.77K Direct F3, F9
transaction EA Performance-based Restricted Stock Units Options Exercise -3.57K -30.26% 8.22K May 16, 2022 Common Stock 3.57K Direct F1, F10
transaction EA Performance-based Restricted Stock Units Other -8.22K -100% 0 May 17, 2022 Common Stock 8.22K Direct F1, F11
transaction EA Restricted Stock Units Options Exercise -2.7K -100% 0 May 17, 2022 Common Stock 2.7K Direct F3, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based 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 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.
F4 Shares are held by the Singh-Force Family Trust. Ms. Singh has investment control over, and pecuniary interest in, all shares held by the Singh-Force Family Trust.
F5 Vesting of this award depends on EA's relative total stockholder return. 18% of the target number of Performance-Based Restricted Stock Units vested from the second tranche of this award based on actual performance.
F6 Represents the number of Performance-Based Restricted Stock Units that could vest based on the maximum level of achievement. The actual vesting of this award depends on EA's relative total stockholder return.
F7 Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms. Pursuant to the terms of the applicable award agreement, 4,349 Performance-Based Restricted Stock Units from this tranche and 3,818 Performance-Based Restricted Stock Units from the first tranche were not cancelled and remain unearned as they can be earned in future periods.
F8 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.
F9 This award has vested or will vest as to one-half 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.
F10 Vesting of this award depends on EA's relative total stockholder return. 66% of the target number of Performance-Based Restricted Stock Units vested from the third tranche of this award based on actual performance.
F11 This award fully vested on May 17, 2022. Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.
F12 This award is fully vested.