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ELECTRONIC ARTS INC. — Director's Dealing 2019
Nov 20, 2019
30015_dirs_2019-11-20_a700c33a-e3e3-4c36-a3d4-2cac81f4abb4.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: 2019-11-18
Reporting Person: Miele Laura (Chief Studios Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-18 | Common Stock | M | 3164 | — | Acquired | 13887 | Direct |
| 2019-11-18 | Common Stock | F | 1569 | $97.54 | Disposed | 12318 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-18 | Restricted Stock Units | $ | M | 3164 | Disposed | 2021-05-18 | Common Stock (3164) | Direct |
| 2019-11-18 | Performance-based Restricted Stock Units | $ | A | 143750 | Acquired | 2023-11-18 | Common Stock (143750) | 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: This award has vested or will vest as to one-third of the Restricted Stock Units one month prior to the first anniversary of the grant date, with the remainder of the Restricted Stock Units to vest in approximately equal increments every six months thereafter until the award is fully vested on May 18, 2021.
F4: Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock.
F5: Represents the maximum number of shares of Electronic Arts Inc. common stock that may be awarded upon the achievement of performance conditions.
F6: Performance-Based Restricted Stock Units will vest subject to the terms and conditions of the grant agreement evidencing the award and the Company's 2019 Equity Incentive Plan. The performance conditions are described in the Form of November 2019 Performance-Based Restricted Stock Unit Agreement filed as Exhibit 10.1 to the Company's Form 8-K filed with the SEC on November 12, 2019.