Andrew Wilson - Nov 16, 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
Stock symbol
EA
Transactions as of
Nov 16, 2023
Transactions value $
-$889,389
Form type
4
Date filed
11/20/2023, 06:25 PM
Previous filing
Oct 26, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +6.31K +19.91% 38K Nov 16, 2023 By Family Trust F2
transaction EA Common Stock Tax liability -$421K -3.13K -8.23% $134.43 34.9K Nov 16, 2023 By Family Trust F3
transaction EA Common Stock Options Exercise +7.03K +20.16% 41.9K Nov 16, 2023 By Family Trust F2
transaction EA Common Stock Tax liability -$469K -3.49K -8.32% $134.43 38.4K Nov 16, 2023 By Family Trust F3, F4
holding EA Common Stock 41K Nov 16, 2023 By Trust F1
holding EA Common Stock 41K Nov 16, 2023 By Trust F1

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 -6.31K -50% 6.31K Nov 16, 2023 Common Stock 6.31K Direct F2, F5
transaction EA Restricted Stock Units Options Exercise -7.03K -25% 21.1K Nov 16, 2023 Common Stock 7.03K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
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 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.
F6 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.