Eric Kelly - May 20, 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Eric Kelly
Stock symbol
EA
Transactions as of
May 20, 2024
Transactions value $
-$123,279
Form type
4
Date filed
5/22/2024, 05:52 PM
Previous filing
May 20, 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 +1.39K +16.11% 10K May 20, 2024 Direct F1
transaction EA Common Stock Tax liability -$61.6K -482 -4.81% $127.75 9.55K May 20, 2024 Direct F2
transaction EA Common Stock Options Exercise +1.4K +14.63% 10.9K May 20, 2024 Direct F1
transaction EA Common Stock Tax liability -$61.7K -483 -4.41% $127.75 10.5K May 20, 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 Performance-based Stock Units Options Exercise -1.39K -100% 0 May 20, 2024 Common Stock 1.39K Direct F1, F3
transaction EA Performance-based Stock Units Options Exercise -1.4K -100% 0 May 20, 2024 Common Stock 1.4K Direct F1, F4
* 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 Represents performance-based restricted stock units granted on June 16, 2022 that were earned based on certain performance conditions.
F4 Represents performance-based restricted stock units granted on June 16, 2023 that were earned based on certain performance conditions.