Laura Miele - Sep 1, 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
Sep 1, 2023
Transactions value $
-$241,171
Form type
4
Date filed
9/5/2023, 05:05 PM
Previous filing
Aug 14, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Sale -$150K -1.25K -3.41% $120.20 35.3K Sep 1, 2023 Direct F1, F2
transaction EA Common Stock Sale -$67K -554 -1.57% $121.00 34.8K Sep 1, 2023 Direct F1, F3
transaction EA Common Stock Sale -$24.4K -200 -0.57% $121.80 34.6K Sep 1, 2023 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This sale was effected pursuant to a 10b5-1 trading plan established by Ms. Miele on May 15, 2023.
F2 Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $119.67 to $120.60. Electronic Arts Inc. undertakes to provide to the staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.
F3 Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $120.72 to $121.29. Electronic Arts Inc. undertakes to provide to the staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.
F4 Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $121.75 to $121.85. Electronic Arts Inc. undertakes to provide to the staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.