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ELECTRONIC ARTS INC. — Director's Dealing 2015
May 19, 2015
30015_dirs_2015-05-19_75eacf90-d83a-48ed-afa0-2e7e63d16560.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: 2015-05-15
Reporting Person: Soderlund Patrick (EVP, EA Studios)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-05-15 | Common Stock | S | 22500.0 | $62.8327 | Disposed | 0 | Direct |
| 2015-05-16 | Common Stock | M | 28010.0 | — | Acquired | 28010 | Direct |
| 2015-05-16 | Common Stock | M | 28011.0 | — | Acquired | 56021 | Direct |
| 2015-05-17 | Common Stock | M | 50000.0 | — | Acquired | 106021 | Direct |
| 2015-05-17 | Common Stock | M | 25000.0 | — | Acquired | 131021 | Direct |
| 2015-05-18 | Common Stock | M | 50000.0 | — | Acquired | 181021 | Direct |
| 2015-05-18 | Common Stock | M | 25000.0 | — | Acquired | 206021 | Direct |
| 2015-05-18 | Common Stock | M | 225000.0 | — | Acquired | 431021 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-05-18 | Performance-based Restricted Stock Units | $ | M | 50000.0 | Disposed | 2015-05-18 | Common Stock (50000) | Direct |
| 2015-05-17 | Performance-based Restricted Stock Units | $ | M | 50000.0 | Disposed | 2016-05-17 | Common Stock (50000) | Direct |
| 2015-05-16 | Performance-based Restricted Stock Units | $ | M | 28010.0 | Disposed | 2017-05-16 | Common Stock (28010) | Direct |
| 2015-05-18 | Restricted Stock Units | $ | M | 25000.0 | Disposed | 2015-05-18 | Common Stock (25000) | Direct |
| 2015-05-17 | Restricted Stock Units | $ | M | 25000.0 | Disposed | 2016-05-17 | Common Stock (25000) | Direct |
| 2015-05-16 | Restricted Stock Units | $ | M | 28011.0 | Disposed | 2017-05-16 | Common Stock (28011) | Direct |
| 2015-05-18 | Restricted Stock Units | $ | M | 225000.0 | Disposed | Common Stock (225000) | Direct |
Footnotes
F1: Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $62.74 to $63.14. 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.
F2: Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based Restricted Stock Units in shares of common stock on their scheduled vesting date.
F3: Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
F4: Vesting of this award depended on EA's relative total stockholder return. 200% of the target number of Performance-Based Restricted Stock Units vested based on actual performance. This award is fully vested as of May 18, 2015.
F5: Vesting of this award depends or depended, as the case may be, on EA's relative total stockholder return. 200% of the target number of Performance-Based Restricted Stock Units vested based on actual performance.
F6: Represents the number of Performance-Based Restricted Stock Units that could vest based on the maximum level of achievement. The actual vesting of this award depends on EA's relative total stockholder return.
F7: This award was fully vested as of May 18, 2015.
F8: This award has vested or will vest as to one-third of the restricted stock units on the 11-month, 23-month and 35-month anniversaries of the date of grant.