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

Role
Chief Experience Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Chris Bruzzo
Issuer symbol
EA
Transactions as of
16 Nov 2022
Net transactions value
-$531,475
Form type
4
Filing time
18 Nov 2022, 16:38:54 UTC
Previous filing
02 Nov 2022
Next filing
02 Dec 2022
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 +4,640 +30% 20,164 16 Nov 2022 Direct F1
transaction EA Common Stock Tax liability $296,323 -2,301 -11% $128.78 17,863 16 Nov 2022 Direct F2
transaction EA Common Stock Options Exercise +3,682 +21% 21,545 16 Nov 2022 Direct F1
transaction EA Common Stock Tax liability $235,152 -1,826 -8.5% $128.78 19,719 16 Nov 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 -4,640 -50% 4,639 16 Nov 2022 Common Stock 4,640 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -3,682 -25% 11,045 16 Nov 2022 Common Stock 3,682 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.