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ELECTRONIC ARTS INC. — Director's Dealing 2011
Nov 14, 2011
30015_dirs_2011-11-14_f2d30977-355e-48f3-9f43-f74845003532.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ELECTRONIC ARTS INC. (ERTS)
CIK: 0000712515
Period of Report: 2011-11-10
Reporting Person: BENE STEPHEN G (SVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-10 | Common Stock | A | 16714 | — | Acquired | 23472 | Direct |
| 2011-11-10 | Common Stock | F | 2451 | $23.03 | Disposed | 21021 | Direct |
| 2011-11-10 | Common Stock | F | 2723 | $23.03 | Disposed | 18298 | Direct |
| 2011-11-10 | Common Stock | F | 1573 | $23.03 | Disposed | 16725 | Direct |
| 2011-11-11 | Common Stock | S | 10025 | $23.9302 | Disposed | 6700 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-10 | Restricted Stock Units | $ | D | 16714 | Disposed | 2011-11-10 | Common Stock (16714) | Direct |
Footnotes
F1: Represents vested restricted stock units released pursuant to Electronic Arts' offer to exchange described in Schedule TO-I, filed October 21, 2009 (the "Exchange Offer").
F2: Upon vesting, each restricted stock unit was converted into an equivalent number of shares of common stock.
F3: Represents shares of common stock withheld for tax purposes upon the vesting of restricted stock units.
F4: Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $23.93 to $23.9307. The Company undertakes to provide to the Staff of the S.E.C., the issuer or a security holder full information regarding the number of shares purchased or sold at each separate price.
F5: Each restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock