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ELECTRONIC ARTS INC. — Director's Dealing 2014
Aug 4, 2014
30015_dirs_2014-08-04_871580fb-ff7d-4044-82bb-f682bedf61d2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ELECTRONIC ARTS INC. (EA)
CIK: 0000712515
Period of Report: 2014-07-31
Reporting Person: HOAG JAY C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-31 | Common Stock | M | 10000 | — | Acquired | 10000 | Direct |
| 2014-08-01 | Common Stock | M | 694 | $33.71 | Acquired | 10694 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-31 | Non-Qualified Stock Option (right to buy) | $33.60 | A | 11872 | Acquired | 2024-07-31 | Common Stock (11872) | Direct |
| 2014-07-31 | Restricted Stock Units | $ | M | 10000 | Disposed | 2014-07-31 | Common Stock (10000) | Direct |
| 2014-07-31 | Restricted Stock Units | $ | A | 3869 | Acquired | 2015-07-31 | Common Stock (3869) | Direct |
| 2014-08-01 | Non-Qualified Stock Option (right to buy) | $33.71 | A | 694 | Acquired | 2014-08-01 | Common Stock (694) | Direct |
| 2014-08-01 | Non-Qualified Stock Option (right to buy) | $33.71 | M | 694 | Disposed | 2014-08-01 | Common Stock (694) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4900 | Indirect |
| Common Stock | 4900 | Indirect |
| Common Stock | 16376 | Indirect |
| Common Stock | 1708390 | Indirect |
| Common Stock | 1728033 | Indirect |
| Common Stock | 4214288 | Indirect |
| Common Stock | 2188581 | Indirect |
| Common Stock | 82983 | Indirect |
Footnotes
F1: Upon vesting, each restricted stock unit was converted into an equivalent number of shares of common stock.
F2: These shares are directly held by Jay C. Hoag. Mr. Hoag has the sole voting and dispositive power over the shares; however, TCV Management 2004, L.L.C., TCV VI Management, L.L.C., and TCV VII Management, L.L.C. (the "Management Companies") collectively own 100% of the pecuniary interest therein. Mr. Hoag is a member of each of the Management Companies but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F3: These share are directly held by TCV Management 2004, L.L.C. ("TCM 2004"). Jay Hoag is a member of TCM 2004 but disclaims beneficial ownership of such shares except to the extent of his pecuinary interest therein.
F4: These share are directly held by TCV VI Management, L.L.C. ("VI Management"). Jay Hoag is a member of VI Management but disclaims beneficial ownership of such shares except to the extent of his pecuinary interest therein.
F5: These share are directly held by TCV VII Management, L.L.C. ("VII Management"). Jay Hoag is a member of VII Management but disclaims beneficial ownership of such shares except to the extent of his pecuinary interest therein.
F6: These shares are directly held by TCV V, L.P. Jay Hoag is a Class A Member of Technology Crossover Management V, L.L.C. ("TCM V"), which is the sole general partner of TCV V, L.P. Jay Hoag may be deemed to beneficially own the shares held by TCV V, L.P. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F7: These shares are directly held by TCV VI, L.P. Jay Hoag is a Class A Member of Technology Crossover Management VI, L.L.C. ("TCM VI"), which is the sole general partner of TCV VI, L.P. Jay Hoag may be deemed to beneficially own the shares held by TCV VI, L.P. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F8: These shares are directly held by TCV VII, L.P. Jay Hoag is a Class A Director of Technology Crossover Management VII, Ltd. ("Management VII") and a limited partner of Technology Crossover Management VII, L.P. ("TCM VII"). Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII, L.P. Jay Hoag may be deemed to beneficially own the shares held by TCV VII, L.P. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F9: These shares are directly held by TCV VII (A), L.P. Jay Hoag is a Class A Director of Management VII and a limited partner of TCM VII. Management VII is the sole general partner of TCM VII, which is the sole general partner of TCV VII (A), L.P. Jay Hoag may be deemed to beneficially own the shares held by TCV VII (A), L.P. but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F10: These shares are directly held by TCV Member Fund, L.P. ("TCV MF"). Jay Hoag is a limited partner of TCV MF, a Class A Member of TCM V and TCM VI, and a Class A Director of Management VII. Each of TCM V, TCM VI, and Management VII is a general partner of TCV MF. Jay Hoag may be deemed to beneficially own the shares held by TCV MF but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F11: The Option will first vest and become exercisable as to 100% of the underlying Option Shares, on the earlier of (i) date of the next Annual Meeting of Stockholders or (ii) the one-year anniversary of the grant date. Optionee may then exercise the option with respect to vested Option Shares at any time until expiration or cancellation.
F12: Jay C. Hoag has sole voting and dispositive power over the options he holds directly. However, the Management Companies have a right to 100% of the pecuniary interest in such options. Mr. Hoag is a member of each of the Management Companies. Mr. Hoag disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
F13: Each restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock.
F14: The Restricted Stock Unit Award shall vest in its entirety and be deemed exercised on the earlier of (i) date of the next Annual Meeting of Stockholders or (ii) the one-year anniversary of the grant date.
F15: Shares in lieu of Board cash compensation.