Eric Charles Kelly - 16 Nov 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 Nov 2023
Net transactions value
-$51,621
Form type
4
Filing time
20 Nov 2023, 18:17:15 UTC
Previous filing
21 Jun 2023
Next filing
20 Feb 2024
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 +392 +6.4% 6,504 16 Nov 2023 Direct F1
transaction EA Common Stock Tax liability $18,282 -136 -2.1% $134.43 6,368 16 Nov 2023 Direct F2
transaction EA Common Stock Options Exercise +716 +11% 7,084 16 Nov 2023 Direct F1
transaction EA Common Stock Tax liability $33,339 -248 -3.5% $134.43 6,836 16 Nov 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 -392 -50% 393 16 Nov 2023 Common Stock 392 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -716 -25% 2,149 16 Nov 2023 Common Stock 716 Direct F1, F4
* 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 has vested or will 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.
F4 This award has vested or will 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.