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

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly
Stock symbol
EA
Transactions as of
Nov 16, 2022
Transactions value $
-$35,286
Form type
4
Date filed
11/18/2022, 04:40 PM
Previous filing
Nov 15, 2022
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +397 +6.93% 6.13K Nov 16, 2022 Direct F1
transaction EA Common Stock Tax liability -$17.8K -138 -2.25% $128.78 5.99K Nov 16, 2022 Direct F2
transaction EA Common Stock Options Exercise +393 +6.56% 6.38K Nov 16, 2022 Direct F1
transaction EA Common Stock Tax liability -$17.5K -136 -2.13% $128.78 6.25K 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 -397 -49.94% 398 Nov 16, 2022 Common Stock 397 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -393 -25.02% 1.18K Nov 16, 2022 Common Stock 393 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-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.