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 2018

May 18, 2018

30015_dirs_2018-05-18_24566d9c-d735-4d62-89a8-d24b3b94d8d1.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: 2018-05-16

Reporting Person: Jorgensen Blake J (COO & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-05-16 Common Stock M 15909 Acquired 133023 Direct
2018-05-16 Common Stock F 7888 $130.11 Disposed 125135 Direct
2018-05-16 Common Stock M 26885 Acquired 152020 Direct
2018-05-16 Common Stock F 13330 $130.11 Disposed 138690 Direct
2018-05-16 Common Stock M 14444 Acquired 153134 Direct
2018-05-16 Common Stock F 7162 $130.11 Disposed 145972 Direct
2018-05-16 Common Stock M 21377 Acquired 167349 Direct
2018-05-16 Common Stock F 10599 $130.11 Disposed 156750 Direct
2018-05-16 Common Stock M 9803 Acquired 166553 Direct
2018-05-16 Common Stock F 3708 $130.11 Disposed 162845 Direct
2018-05-16 Common Stock M 9018 Acquired 171863 Direct
2018-05-16 Common Stock F 4472 $130.11 Disposed 167391 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-16 Performance-based Restricted Stock Units $ J 4932 Disposed 2018-05-16 Common Stock (4932) Direct
2018-05-16 Performance-based Restricted Stock Units $ M 26885 Disposed 2018-05-16 Common Stock (26885) Direct
2018-05-16 Performance-based Restricted Stock Units $ J 7511 Disposed 2019-05-16 Common Stock (7511) Direct
2018-05-16 Performance-based Restricted Stock Units $ M 21377 Disposed 2019-05-16 Common Stock (21377) Direct
2018-05-16 Performance-based Restricted Stock Units $ J 9803 Disposed 2020-05-16 Common Stock (9803) Direct
2018-05-16 Performance-based Restricted Stock Units $ M 9018 Disposed 2020-05-16 Common Stock (9018) Direct
2018-05-16 Restricted Stock Units $ M 15909 Disposed 2018-05-16 Common Stock (15909) Direct
2018-05-16 Restricted Stock Units $ M 14444 Disposed 2019-05-16 Common Stock (14444) Direct
2018-05-16 Restricted Stock Units $ M 9803 Disposed 2020-05-16 Common Stock (9803) Direct

Footnotes

F1: Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. 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. 169% of the target number of Performance-Based Restricted Stock Units vested based on actual performance.

F6: Vesting of this award depends on EA's relative total stockholder return. 148% of the target number of Performance-Based Restricted Stock Units vested based on actual performance.

F7: 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.

F8: Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms. Pursuant to the terms of the applicable award agreement, 785 Performance-Based Restricted Stock Units from this award were not cancelled and remain unearned as they can be earned in future periods.

F9: Vesting of this award depends on EA's relative total stockholder return. 92% of the target number of Performance-Based Restricted Stock Units vested based on actual performance.

F10: This award was fully vested as of May 16, 2018.

F11: 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.