Vijayanthimala Singh - 16 Nov 2023 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chief People Officer
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Vijayanthimala Singh
Issuer symbol
EA
Transactions as of
16 Nov 2023
Net transactions value
-$308,920
Form type
4
Filing time
20 Nov 2023, 18:23:34 UTC
Previous filing
03 Nov 2023
Next filing
04 Dec 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 +2,192 +7.6% 30,939 16 Nov 2023 By Family Trust F1
transaction EA Common Stock Tax liability $146,125 -1,087 -3.5% $134.43 29,852 16 Nov 2023 By Family Trust F2
transaction EA Common Stock Options Exercise +2,442 +8.2% 32,294 16 Nov 2023 By Family Trust F1
transaction EA Common Stock Tax liability $162,795 -1,211 -3.7% $134.43 31,083 16 Nov 2023 By Family Trust F2, F3

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 -2,192 -50% 2,191 16 Nov 2023 Common Stock 2,192 Direct F1, F4
transaction EA Restricted Stock Units Options Exercise -2,442 -25% 7,325 16 Nov 2023 Common Stock 2,442 Direct F1, F5
* 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 Shares are held by the Singh-Force Family Trust. Ms. Singh has investment control over, and pecuniary interest in, all shares held by the Singh-Force Family Trust.
F4 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.
F5 This award has vested or will 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.