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ELECTRONIC ARTS INC. Director's Dealing 2020

May 19, 2020

30015_dirs_2020-05-19_be41e6a8-641b-48cb-86ec-2b1ecd389cb2.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: 2020-05-16

Reporting Person: Schatz Jacob J. (General Counsel & Corp Sect'y)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-16 Common Stock M 640 Acquired 17543 Direct
2020-05-16 Common Stock F 222 $118.13 Disposed 17321 Direct
2020-05-16 Common Stock M 5656 Acquired 22977 Direct
2020-05-16 Common Stock F 2742 $118.13 Disposed 20235 Direct
2020-05-17 Common Stock M 5299 Acquired 25534 Direct
2020-05-17 Common Stock F 1833 $118.13 Disposed 23701 Direct
2020-05-17 Common Stock M 5408 Acquired 29109 Direct
2020-05-17 Common Stock F 2682 $118.13 Disposed 26427 Direct
2020-05-18 Common Stock M 276 Acquired 26703 Direct
2020-05-18 Common Stock F 138 $118.13 Disposed 26565 Direct
2020-05-18 Common Stock M 1726 Acquired 28291 Direct
2020-05-18 Common Stock F 856 $118.13 Disposed 27435 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-16 Performance-based Restricted Stock Units $ M 640 Disposed 2020-05-16 Common Stock (640) Direct
2020-05-16 Performance-based Restricted Stock Units $ J 4526 Disposed 2020-05-16 Common Stock (4526) Direct
2020-05-16 Restricted Stock Units $ M 5656 Disposed 2020-05-16 Common Stock (5656) Direct
2020-05-17 Performance-based Restricted Stock Units $ M 5299 Disposed 2022-05-17 Common Stock (5299) Direct
2020-05-17 Performance-based Restricted Stock Units $ J 5408 Disposed 2022-05-17 Common Stock (5408) Direct
2020-05-17 Restricted Stock Units $ M 5408 Disposed 2022-05-17 Common Stock (5408) Direct
2020-05-18 Performance-based Restricted Stock Units $ M 276 Disposed 2021-05-18 Common Stock (276) Direct
2020-05-18 Performance-based Restricted Stock Units $ J 3452 Disposed 2021-05-18 Common Stock (3452) Direct
2020-05-18 Restricted Stock Units $ M 1726 Disposed 2021-05-18 Common Stock (1726) Direct

Footnotes

F1: 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.

F2: Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.

F3: Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.

F4: Vesting of this award depends on EA's relative total stockholder return. 34% of the target number of Performance-Based Restricted Stock Units vested from the third tranche of this award based on actual performance.

F5: Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.

F6: This award was fully vested as of May 16, 2020.

F7: Vesting of this award depends on EA's relative total stockholder return. 98% of the target number of Performance-Based Restricted Stock Units vested from the first tranche of this award based on actual performance.

F8: 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.

F9: 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, 109 Performance-Based Restricted Stock Units from this tranche were not cancelled and remain unearned as they can be earned in future periods.

F10: 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 17, 2022.

F11: Vesting of this award depends on EA's relative total stockholder return. 4% of the target number of Performance-Based Restricted Stock Units of the first tranche and the second tranche of this award vested based on actual performance.

F12: 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, 3,314 Performance-Based Restricted Stock Units from the second tranche of this award were not cancelled and remain unearned as they can be earned in future periods along with 3,313 Performance-Based Restricted Stock Units from the first tranche of this award.

F13: 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.