Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

ELECTRONIC ARTS INC. Director's Dealing 2015

May 20, 2015

30015_dirs_2015-05-20_fdb25352-e0a0-422b-a8a6-f326367b690a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELECTRONIC ARTS INC. (EA)
CIK: 0000712515
Period of Report: 2015-05-16

Reporting Person: Wilson Andrew (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-16 Common Stock M 37348.0 Acquired 154588 Direct
2015-05-16 Common Stock F 17167.0 $62.875 Disposed 137421 Direct
2015-05-16 Common Stock M 37348.0 Acquired 174769 Direct
2015-05-16 Common Stock F 19489.0 $62.875 Disposed 155280 Direct
2015-05-17 Common Stock M 50000.0 Acquired 205280 Direct
2015-05-17 Common Stock F 26091.0 $62.875 Disposed 179189 Direct
2015-05-17 Common Stock M 25000.0 Acquired 204189 Direct
2015-05-17 Common Stock F 13045.0 $62.875 Disposed 191144 Direct
2015-05-18 Common Stock M 50000.0 Acquired 241144 Direct
2015-05-18 Common Stock F 26091.0 $62.875 Disposed 215053 Direct
2015-05-18 Common Stock M 225000.0 Acquired 440053 Direct
2015-05-18 Common Stock F 117405.0 $62.875 Disposed 322648 Direct
2015-05-18 Common Stock M 25000.0 Acquired 347648 Direct
2015-05-18 Common Stock F 13045.0 $62.875 Disposed 334603 Direct
2015-05-19 Common Stock S 22485.0 $62.7925 Disposed 312118 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 37348.0 Disposed 2017-05-16 Common Stock (37348) 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 37348.0 Disposed 2017-05-16 Common Stock (37348) Direct
2015-05-18 Restricted Stock Units $ M 225000.0 Disposed Common Stock (225000) Direct

Footnotes

F1: 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.

F2: Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.

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: This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Wilson on August 4, 2014.

F5: Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $62.58 to $62.96. 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.

F6: 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.

F7: 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.

F8: 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.

F9: This award was fully vested as of May 18, 2015.

F10: 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.