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ELECTRONIC ARTS INC. — Director's Dealing 2017
Jun 20, 2017
30015_dirs_2017-06-20_8201774e-700b-4da5-90af-9dd0cd1bdf58.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: 2017-06-16
Reporting Person: Soderlund Patrick (EVP, EA Worldwide Studios)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-16 | Performance-based Restricted Stock Units | $ | A | 90488 | Acquired | 2020-05-16 | Common Stock (90488) | Direct |
| 2017-06-16 | Performance-based Restricted Stock Units | $ | A | 180978 | Acquired | 2021-05-16 | Common Stock (180978) | Direct |
| 2017-06-16 | Restricted Stock Units | $ | A | 45244 | Acquired | 2020-05-16 | Common Stock (45244) | Direct |
| 2017-06-16 | Restricted Stock Units | $ | A | 90489 | Acquired | 2021-05-16 | Common Stock (90489) | 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 performance conditions.
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 conditions are described in the Form of 2017 Performance-Based Restricted Stock Unit Agreement filed as exhibit 10.1 to the Company's Form 8-K filed with the SEC on May 22, 2017.
F4: 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 conditions are described in the Form of 2017 Supplemental Performance - Based Restricted Stock Unit Agreement for Mr. Soderlund filed as Exhibit 10.2 to the Company's Form 8-K filed with the SEC on June 7, 2017.
F5: Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts common stock.
F6: Restricted stock units vest as to one-third on May 16, 2018; then vest as to an additional one-third on May 16, 2019; and then vest as to the remaining one-third on May 16, 2020.
F7: Restricted stock units vest as to one-half on May 16, 2019 and then vest as to the remaining one-half on May 16, 2021.