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

Role: Chief Accounting Officer
Signature: /s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly
Issuer symbol: EA
Transactions as of: 16 May 2023
Net transactions value: -$97,375
Form type: 4
Filing time: 18 May 2023, 17:09:05 UTC
Previous filing: 12 May 2023
Next filing: 23 May 2023
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		+398	+6.2%		6,832	16 May 2023	Direct	F1
transaction	EA	Common Stock	Tax liability	$18,726	-150	-2.2%	$124.84	6,682	16 May 2023	Direct	F2
transaction	EA	Common Stock	Options Exercise		+393	+5.9%		7,075	16 May 2023	Direct	F1
transaction	EA	Common Stock	Tax liability	$16,978	-136	-1.9%	$124.84	6,939	16 May 2023	Direct	F2
transaction	EA	Common Stock	Options Exercise		+1,432	+21%		8,371	16 May 2023	Direct	F1
transaction	EA	Common Stock	Tax liability	$61,671	-494	-5.9%	$124.84	7,877	16 May 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	16 May 2023	Common Stock	398		Direct	F1, F3
transaction	EA	Restricted Stock Units	Options Exercise		-393	-33%		785	16 May 2023	Common Stock	393		Direct	F1, F4
transaction	EA	Restricted Stock Units	Options Exercise		-1,432	-33%		2,865	16 May 2023	Common Stock	1,432		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.