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ELECTRONIC ARTS INC. — Director's Dealing 2016
May 18, 2016
30015_dirs_2016-05-18_5d71f377-1a12-4b26-b235-92baf78758fe.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: 2016-05-16
Reporting Person: Moss Kenneth A (EVP, Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-16 | Common Stock | M | 9279.0 | — | Acquired | 56625 | Direct |
| 2016-05-16 | Common Stock | F | 3488.0 | $75.2 | Disposed | 53137 | Direct |
| 2016-05-16 | Common Stock | M | 12805.0 | — | Acquired | 65942 | Direct |
| 2016-05-16 | Common Stock | F | 6117.0 | $75.2 | Disposed | 59825 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-16 | Performance-based Restricted Stock Units | $ | J | 5754.0 | Disposed | 2018-05-16 | Common Stock (5754) | Direct |
| 2016-05-16 | Performance-based Restricted Stock Units | $ | M | 12805.0 | Disposed | 2018-05-16 | Common Stock (12805) | Direct |
| 2016-05-16 | Restricted Stock Units | $ | M | 9279.0 | Disposed | 2018-05-16 | Common Stock (9279) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts common stock. This transaction represents the settlement of 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 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.
F4: Represents the portion of Performance-Based Restricted Stock Units unearned and cancelled in accordance with their terms.
F5: Vesting of this award depends on EA's relative total stockholder return. 138% of the target number of Performance-Based Restricted Stock Units vested based on actual performance.
F6: 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.