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ELECTRONIC ARTS INC. — Director's Dealing 2011
May 18, 2011
30015_dirs_2011-05-18_022b369e-03a7-4d00-9b9b-db57bc610413.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: 2011-05-17
Reporting Person: Bene Stephen G (SVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-17 | Common Stock | A | 13333 | — | Acquired | 20033 | Direct |
| 2011-05-17 | Common Stock | F | 4891 | $23.11 | Disposed | 15142 | Direct |
| 2011-05-18 | Common Stock | S | 8442 | $23.3449 | Disposed | 6700 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-17 | Restricted Stock Units | $ | D | 13333 | Disposed | 2013-05-17 | Common Stock (13333) | Direct |
Footnotes
F1: Upon vesting, each restricted stock unit was converted into an equivalent number of shares of common stock.
F2: Represents shares of common stock withheld for tax purposes upon the vesting of restricted stock units.
F3: Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $23.34 to $23.36. 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.
F4: Each restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock.