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

Role
Chief Operating Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Laura Miele
Stock symbol
EA
Transactions as of
May 16, 2023
Transactions value $
-$1,522,049
Form type
4
Date filed
5/18/2023, 05:13 PM
Previous filing
May 3, 2023
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +1.7K +6.71% 27K May 16, 2023 Direct F1
transaction EA Common Stock Tax liability -$73.3K -587 -2.18% $124.84 26.4K May 16, 2023 Direct F2
transaction EA Common Stock Options Exercise +5.3K +20.1% 31.7K May 16, 2023 Direct F3
transaction EA Common Stock Tax liability -$328K -2.63K -8.3% $124.84 29.1K May 16, 2023 Direct F2
transaction EA Common Stock Options Exercise +4.38K +15.09% 33.4K May 16, 2023 Direct F3
transaction EA Common Stock Tax liability -$271K -2.17K -6.5% $124.84 31.3K May 16, 2023 Direct F2
transaction EA Common Stock Options Exercise +15.6K +49.99% 46.9K May 16, 2023 Direct F3
transaction EA Common Stock Tax liability -$849K -6.8K -14.51% $124.84 40.1K 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 Performance-based Restricted Stock Units Options Exercise -1.7K -4.52% 35.8K May 16, 2023 Common Stock 1.7K Direct F1, F4
transaction EA Performance-based Restricted Stock Units Other -35.8K -100% 0 May 16, 2023 Common Stock 35.8K Direct F1, F5
transaction EA Restricted Stock Units Options Exercise -5.3K -100% 0 May 16, 2023 Common Stock 5.3K Direct F3, F6
transaction EA Restricted Stock Units Options Exercise -4.38K -33.33% 8.77K May 16, 2023 Common Stock 4.38K Direct F3, F7
transaction EA Restricted Stock Units Options Exercise -15.6K -50% 15.6K May 16, 2023 Common Stock 15.6K Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based 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 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.
F4 Vesting of this award depends on EA's relative total stockholder return. 16% of the target number of Performance-Based Restricted Stock Units vested from the first tranche of this award based on actual performance.
F5 Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.
F6 This award is fully vested.
F7 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.
F8 Restricted Stock Units shall vest as to one-half 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.