Andrew Wilson - 16 May 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
Chairman & CEO, Director
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Andrew Wilson
Issuer symbol
EA
Transactions as of
16 May 2024
Net transactions value
-$5,721,077
Form type
4
Filing time
20 May 2024, 17:46:51 UTC
Previous filing
14 May 2024
Next filing
23 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 +58,197 +248% 81,627 16 May 2024 By Family Trust F1
transaction EA Common Stock Tax liability $3,532,522 -27,680 -34% $127.62 53,947 16 May 2024 By Family Trust F2
transaction EA Common Stock Options Exercise +6,311 +12% 60,258 16 May 2024 By Family Trust F3
transaction EA Common Stock Tax liability $399,323 -3,129 -5.2% $127.62 57,129 16 May 2024 By Family Trust F2
transaction EA Common Stock Options Exercise +7,033 +12% 64,162 16 May 2024 By Family Trust F3
transaction EA Common Stock Tax liability $445,011 -3,487 -5.4% $127.62 60,675 16 May 2024 By Family Trust F2
transaction EA Common Stock Options Exercise +21,244 +35% 81,919 16 May 2024 By Family Trust F3
transaction EA Common Stock Tax liability $1,344,221 -10,533 -13% $127.62 71,386 16 May 2024 By Family Trust F2, F4
holding EA Common Stock 41,045 16 May 2024 By Trust F5
holding EA Common Stock 41,045 16 May 2024 By Trust F5

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 Performance-based Restricted Stock Units Options Exercise -58,197 -100% 0 16 May 2024 Common Stock 58,197 Direct F1, F6
transaction EA Restricted Stock Units Options Exercise -6,311 -100% 0 16 May 2024 Common Stock 6,311 Direct F3, F7
transaction EA Restricted Stock Units Options Exercise -7,033 -33% 14,064 16 May 2024 Common Stock 7,033 Direct F3, F8
transaction EA Restricted Stock Units Options Exercise -21,244 -33% 42,489 16 May 2024 Common Stock 21,244 Direct F3, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based 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 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.
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 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.
F6 Represents performance-based restricted stock units granted on June 16, 2021 that were earned based on certain performance conditions.
F7 This award is fully vested.
F8 Restricted Stock Units shall 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.
F9 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.