Stuart Canfield - Jun 22, 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Stuart Canfield
Stock symbol
EA
Transactions as of
Jun 22, 2024
Transactions value $
-$439,708
Form type
4
Date filed
6/24/2024, 07:11 PM
Previous filing
Jun 20, 2024
Next filing
Jun 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +6.38K +72.15% 15.2K Jun 22, 2024 Direct F1
transaction EA Common Stock Tax liability -$440K -3.16K -20.78% $139.06 12.1K Jun 22, 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 -6.38K -33.33% 12.8K Jun 22, 2024 Common Stock 6.38K Direct F1, F3
* 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 Restricted Stock Unit shall vest as to one-third on June 22, 2024, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on June 22, 2026.