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ELECTRONIC ARTS INC. — Director's Dealing 2011
Aug 12, 2011
30015_dirs_2011-08-12_2f801894-b369-4969-9cb7-5287f92734c7.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ELECTRONIC ARTS INC. (ERTS)
CIK: 0000712515
Period of Report: 2011-08-08
Reporting Person: COTTLE BARRY L (EVP, EA Interactive)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 29732 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $16.06 | 2018-12-16 | Common Stock (60000) | Direct | |
| Non-Qualified Stock Option (right to buy) | $19.57 | 2019-08-17 | Common Stock (50000) | Direct | |
| Performance-based Restricted Stock Units | $ | 2014-05-16 | Common Stock (130000) | Direct | |
| Restricted Stock Units | $ | 2011-08-16 | Common Stock (2500) | Direct | |
| Restricted Stock Units | $ | 2011-11-10 | Common Stock (15909) | Direct | |
| Restricted Stock Units | $ | 2012-06-18 | Common Stock (1250) | Direct | |
| Restricted Stock Units | $ | 2012-06-19 | Common Stock (3000) | Direct | |
| Restricted Stock Units | $ | 2013-05-17 | Common Stock (60000) | Direct | |
| Restricted Stock Units | $ | 2013-08-19 | Common Stock (12375) | Direct | |
| Restricted Stock Units | $ | 2013-12-16 | Common Stock (50000) | Direct | |
| Restricted Stock Units | $ | 2014-05-16 | Common Stock (65000) | Direct |
Footnotes
F1: Option vests and becomes exercisable as to 25% on December 1, 2009, then vests as to an additional 25% on December 1, 2010 and then vests as to the remaining 50% on December 1, 2011.
F2: Option vests and becomes exercisable as to 24% on the first day of the month that contains the one year anniversary of the grant date, and an additional 2% on the first day of the next 38 months thereafter.
F3: Represents the maximum number of shares of Electronic Arts common stock that may be awarded upon the achievement of certain performance targets.
F4: Performance-based restricted stock units will vest subject to the terms and conditions of the grant agreement evidencing the award and the Company's 2000 Equity Incentive Plan. The performance terms are described in the Form 8-K filed with the SEC on June 1, 2011, as well as the accompanying form of grant agreement.
F5: Each performance-based restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock.
F6: Restricted Stock Units vest as to 25% each year from grant date for 4 years.
F7: Each restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock.
F8: Represents restricted stock units granted pursuant to Electronic Arts' offer to exchange described in Schedule TO-I, filed October 21, 2009 (the "Exchange Offer").
F9: Restricted stock units vest as to 50%, 12 months from November 10, 2009, and then vest as to the remaining 50%, 24 months from November 10, 2009.
F10: Restricted Stock Units vest as to one-third 12 months from the grant date; then vest as to an additional one-third 24 months from the grant date; and then vest as to the remaining one-third 36 months from the grant date.
F11: Restricted stock units vest as to one-third on May 16, 2012; then vest as to an additional one-third on May 16, 2013, and then vest as to the remaining one-third on May 16, 2014.