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ELECTRONIC ARTS INC. — Director's Dealing 2015
Jun 17, 2015
30015_dirs_2015-06-17_3b716d87-eb90-42f1-8bf3-710210f2d147.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: 2015-06-16
Reporting Person: BARKER KENNETH A (SVP, Chief Accounting Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-16 | Performance-based Restricted Stock Units | $ | A | 5964.0 | Acquired | 2018-05-16 | Common Stock (5964) | Direct |
| 2015-06-16 | Restricted Stock Units | $ | A | 8948.0 | Acquired | 2018-05-16 | Common Stock (8948) | Direct |
Footnotes
F1: Each performance-based restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock.
F2: Represents the maximum number of shares of Electronic Arts common stock that may be awarded upon the achievement of certain performance targets.
F3: 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 of grant agreement filed as exhibit 10.03 to the Company's Form 8-K filed with the SEC on May 22, 2015.
F4: Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts common stock.
F5: Restricted stock units vest as to one-third on May 16, 2016; then vest as to an additional one-third on May 16, 2017, and then vest as to the remaining one-third on May 16, 2018.