Chris Bruzzo - Nov 16, 2022 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief Experience Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Chris Bruzzo
Stock symbol
EA
Transactions as of
Nov 16, 2022
Transactions value $
-$531,475
Form type
4
Date filed
11/18/2022, 04:38 PM
Previous filing
Nov 2, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +4.64K +29.89% 20.2K Nov 16, 2022 Direct F1
transaction EA Common Stock Tax liability -$296K -2.3K -11.41% $128.78 17.9K Nov 16, 2022 Direct F2
transaction EA Common Stock Options Exercise +3.68K +20.61% 21.5K Nov 16, 2022 Direct F1
transaction EA Common Stock Tax liability -$235K -1.83K -8.48% $128.78 19.7K Nov 16, 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 -4.64K -50.01% 4.64K Nov 16, 2022 Common Stock 4.64K Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -3.68K -25% 11K Nov 16, 2022 Common Stock 3.68K Direct F1, F4
* 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, 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.
F4 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.