Eric Kelly - May 16, 2023 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief Accounting Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly
Stock symbol
EA
Transactions as of
May 16, 2023
Transactions value $
-$97,375
Form type
4
Date filed
5/18/2023, 05:09 PM
Previous filing
May 12, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +398 +6.19% 6.83K May 16, 2023 Direct F1
transaction EA Common Stock Tax liability -$18.7K -150 -2.2% $124.84 6.68K May 16, 2023 Direct F2
transaction EA Common Stock Options Exercise +393 +5.88% 7.08K May 16, 2023 Direct F1
transaction EA Common Stock Tax liability -$17K -136 -1.92% $124.84 6.94K May 16, 2023 Direct F2
transaction EA Common Stock Options Exercise +1.43K +20.64% 8.37K May 16, 2023 Direct F1
transaction EA Common Stock Tax liability -$61.7K -494 -5.9% $124.84 7.88K May 16, 2023 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 -398 -100% 0 May 16, 2023 Common Stock 398 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -393 -33.36% 785 May 16, 2023 Common Stock 393 Direct F1, F4
transaction EA Restricted Stock Units Options Exercise -1.43K -33.33% 2.87K May 16, 2023 Common Stock 1.43K Direct F1, F5
* 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 is fully vested.
F4 Restricted Stock Units shall 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.
F5 Restricted Stock Units shall vest as to one-third on May 16, 2023, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2025.