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

Role
Chairman & CEO, Director
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Andrew Wilson
Stock symbol
EA
Transactions as of
May 16, 2024
Transactions value $
-$5,721,077
Form type
4
Date filed
5/20/2024, 05:46 PM
Previous filing
May 14, 2024
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +58.2K +248.39% 81.6K May 16, 2024 By Family Trust F1
transaction EA Common Stock Tax liability -$3.53M -27.7K -33.91% $127.62 53.9K May 16, 2024 By Family Trust F2
transaction EA Common Stock Options Exercise +6.31K +11.7% 60.3K May 16, 2024 By Family Trust F3
transaction EA Common Stock Tax liability -$399K -3.13K -5.19% $127.62 57.1K May 16, 2024 By Family Trust F2
transaction EA Common Stock Options Exercise +7.03K +12.31% 64.2K May 16, 2024 By Family Trust F3
transaction EA Common Stock Tax liability -$445K -3.49K -5.43% $127.62 60.7K May 16, 2024 By Family Trust F2
transaction EA Common Stock Options Exercise +21.2K +35.01% 81.9K May 16, 2024 By Family Trust F3
transaction EA Common Stock Tax liability -$1.34M -10.5K -12.86% $127.62 71.4K May 16, 2024 By Family Trust F2, F4
holding EA Common Stock 41K May 16, 2024 By Trust F5
holding EA Common Stock 41K May 16, 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 -58.2K -100% 0 May 16, 2024 Common Stock 58.2K Direct F1, F6
transaction EA Restricted Stock Units Options Exercise -6.31K -100% 0 May 16, 2024 Common Stock 6.31K Direct F3, F7
transaction EA Restricted Stock Units Options Exercise -7.03K -33.34% 14.1K May 16, 2024 Common Stock 7.03K Direct F3, F8
transaction EA Restricted Stock Units Options Exercise -21.2K -33.33% 42.5K May 16, 2024 Common Stock 21.2K 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.