Eric Charles Kelly - 20 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: 20 May 2023
Net transactions value: -$15,708
Form type: 4
Filing time: 23 May 2023, 19:00:01 UTC
Previous filing: 18 May 2023
Next filing: 26 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		+360	+4.6%		8,237	20 May 2023	Direct	F1
transaction	EA	Common Stock	Tax liability	$15,708	-125	-1.5%	$125.66	8,112	20 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	Performance-based Stock Units	Options Exercise		-360	-8.4%		3,937	20 May 2023	Common Stock	360		Direct	F1, F3
transaction	EA	Performance-based Stock Units	Other		-1,072	-27%		2,865	20 May 2023	Common Stock	1,072		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Performance-Based Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based 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	Vesting of this award depends on EA's net bookings and operating income performance. 25.2% of the target number of Performance-Based Stock Units vested from this tranche based on actual performance.
F4	Represents the portion of Performance-Based Stock Units unearned and cancelled in accordance with their terms.