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

Role
CEO and Board Chair, Director
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Andrew Wilson
Stock symbol
EA
Transactions as of
Nov 16, 2022
Transactions value $
-$1,418,640
Form type
4
Date filed
11/18/2022, 04:47 PM
Previous filing
Nov 1, 2022
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +6.31K +6.71% 100K Nov 16, 2022 By Family Trust F1
transaction EA Common Stock Tax liability -$403K -3.13K -3.12% $128.78 97.3K Nov 16, 2022 By Family Trust F2
transaction EA Common Stock Options Exercise +15.9K +16.36% 113K Nov 16, 2022 By Family Trust F1
transaction EA Common Stock Tax liability -$1.02M -7.89K -6.97% $128.78 105K Nov 16, 2022 By Family Trust F2, F3
holding EA Common Stock 24.2K Nov 16, 2022 By Trust F4
holding EA Common Stock 24.2K Nov 16, 2022 By Trust 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 Restricted Stock Units Options Exercise -6.31K -25% 18.9K Nov 16, 2022 Common Stock 6.31K Direct F1, F5
transaction EA Restricted Stock Units Options Exercise -15.9K -50% 15.9K Nov 16, 2022 Common Stock 15.9K Direct F1, F6
* 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 Shares are held by the Wilson Family 2015 Trust. Mr. Wilson has investment control over, and pecuniary interest in, all shares held by the Wilson Family 2015 Trust.
F4 Shares are held in trust for the benefit of Mr. Wilson's descendants. Mr. Wilson maintains investment control over the shares held in this trust.
F5 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.
F6 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.