Andrew Wilson - 16 May 2023 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
Issuer symbol: EA
Transactions as of: 16 May 2023
Net transactions value: -$3,439,217
Form type: 4
Filing time: 18 May 2023, 17:22:59 UTC
Previous filing: 26 Apr 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		+7,635	+12%		72,909	16 May 2023	By Family Trust	F1
transaction	EA	Common Stock	Tax liability	$329,702	-2,641	-3.6%	$124.84	70,268	16 May 2023	By Family Trust	F2
transaction	EA	Common Stock	Options Exercise		+15,907	+23%		86,175	16 May 2023	By Family Trust	F3
transaction	EA	Common Stock	Tax liability	$984,613	-7,887	-9.2%	$124.84	78,288	16 May 2023	By Family Trust	F2
transaction	EA	Common Stock	Options Exercise		+6,312	+8.1%		84,600	16 May 2023	By Family Trust	F3
transaction	EA	Common Stock	Tax liability	$390,749	-3,130	-3.7%	$124.84	81,470	16 May 2023	By Family Trust	F2
transaction	EA	Common Stock	Options Exercise		+28,129	+35%		109,599	16 May 2023	By Family Trust	F3
transaction	EA	Common Stock	Tax liability	$1,734,152	-13,891	-13%	$124.84	95,708	16 May 2023	By Family Trust	F2, F4
holding	EA	Common Stock						24,242	16 May 2023	By Trust	F5
holding	EA	Common Stock						24,242	16 May 2023	By Trust	F5

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		-7,635	-4.5%		161,299	16 May 2023	Common Stock	7,635		Direct	F1, F6
transaction	EA	Performance-based Restricted Stock Units	Other		-161,299	-100%		0	16 May 2023	Common Stock	161,299		Direct	F1, F7
transaction	EA	Restricted Stock Units	Options Exercise		-15,907	-100%		0	16 May 2023	Common Stock	15,907		Direct	F3, F8
transaction	EA	Restricted Stock Units	Options Exercise		-6,312	-33%		12,622	16 May 2023	Common Stock	6,312		Direct	F3, F9
transaction	EA	Restricted Stock Units	Options Exercise		-28,129	-50%		28,129	16 May 2023	Common Stock	28,129		Direct	F3, F10

* 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	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.
F5	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.
F6	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 this tranche based on actual performance.
F7	Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.
F8	This award is fully vested.
F9	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.
F10	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.