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ELECTRONIC ARTS INC. — Director's Dealing 2016
Sep 29, 2016
30015_dirs_2016-09-29_e685a6dc-751a-4dec-8037-667f588418b1.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: 2016-09-27
Reporting Person: Wilson Andrew (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-27 | Common Stock | M | 50000.0 | $26.25 | Acquired | 290581 | Direct |
| 2016-09-27 | Common Stock | S | 50000.0 | $85.0342 | Disposed | 240581 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-27 | Non-Qualified Stock Option (right to buy) | $26.25 | M | 50000.0 | Disposed | 2023-10-31 | Common Stock (50000) | Direct |
Footnotes
F1: This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Wilson on May 25, 2016.
F2: Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $85.00 to $85.10. The Company undertakes to provide to the Staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.
F3: Option cliff vested as to 240,000 shares on November 1, 2014 and the remaining options vested or vest as to 20,000 of the shares on the first day of each month thereafter until the option is fully vested.