Eric Charles Kelly - 16 May 2024 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 May 2024
Net transactions value
-$112,688
Form type
4
Filing time
20 May 2024, 17:28:11 UTC
Previous filing
14 May 2024
Next filing
22 May 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 +393 +5.6% 7,378 16 May 2024 Direct F1
transaction EA Common Stock Tax liability $18,122 -142 -1.9% $127.62 7,236 16 May 2024 Direct F2
transaction EA Common Stock Options Exercise +717 +9.9% 7,953 16 May 2024 Direct F1
transaction EA Common Stock Tax liability $31,650 -248 -3.1% $127.62 7,705 16 May 2024 Direct F2
transaction EA Common Stock Options Exercise +1,424 +18% 9,129 16 May 2024 Direct F1
transaction EA Common Stock Tax liability $62,917 -493 -5.4% $127.62 8,636 16 May 2024 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 -393 -100% 0 16 May 2024 Common Stock 393 Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -717 -33% 1,432 16 May 2024 Common Stock 717 Direct F1, F4
transaction EA Restricted Stock Units Options Exercise -1,424 -33% 2,850 16 May 2024 Common Stock 1,424 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 This award is fully vested.
F4 Restricted Stock Units shall 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.
F5 Restricted Stock Units shall vest as to one-third on May 16, 2024, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2026.