Jacob J. Schatz - Nov 16, 2024 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
EVP, Global Affairs and CLO
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For Jacob J. Schatz
Stock symbol
EA
Transactions as of
Nov 16, 2024
Transactions value $
-$480,530
Form type
4
Date filed
11/19/2024, 06:19 PM
Previous filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Options Exercise +2.44K +9.82% 27.3K Nov 16, 2024 Direct F1
transaction EA Common Stock Tax liability -$195K -1.21K -4.44% $161.36 26.1K Nov 16, 2024 Direct F2
transaction EA Common Stock Options Exercise +3.56K +13.66% 29.7K Nov 16, 2024 Direct F1
transaction EA Common Stock Tax liability -$285K -1.77K -5.96% $161.36 27.9K Nov 16, 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 -2.44K -49.99% 2.44K Nov 16, 2024 Common Stock 2.44K Direct F1, F3
transaction EA Restricted Stock Units Options Exercise -3.56K -25% 10.7K Nov 16, 2024 Common Stock 3.56K Direct F1, F4
* 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 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.
F4 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.