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ELECTRONIC ARTS INC. Director's Dealing 2020

May 19, 2020

30015_dirs_2020-05-19_00ac786a-5d89-44a7-a6ae-82bdc9ea620b.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: Bilbey Matthew (EVP of Strategic Growth)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-05-16 Common Stock M 769 Acquired 6697 Direct
2020-05-16 Common Stock F 383 $118.13 Disposed 6314 Direct
2020-05-16 Common Stock M 6787 Acquired 13101 Direct
2020-05-16 Common Stock F 3380 $118.13 Disposed 9721 Direct
2020-05-17 Common Stock M 7066 Acquired 16787 Direct
2020-05-17 Common Stock F 3519 $118.13 Disposed 13268 Direct
2020-05-17 Common Stock M 7211 Acquired 20479 Direct
2020-05-17 Common Stock F 3592 $118.13 Disposed 16887 Direct
2020-05-18 Common Stock M 368 Acquired 17255 Direct
2020-05-18 Common Stock F 184 $117.12 Disposed 17071 Direct
2020-05-18 Common Stock M 2301 Acquired 19372 Direct
2020-05-18 Common Stock F 1146 $117.12 Disposed 18226 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-05-16 Performance-based Restricted Stock Units $ M 769 Disposed 2020-05-16 Common Stock (769) Direct
2020-05-16 Performance-based Restricted Stock Units $ J 5429 Disposed 2020-05-16 Common Stock (5429) Direct
2020-05-16 Restricted Stock Units $ M 6787 Disposed 2020-05-16 Common Stock (6787) Direct
2020-05-17 Performance-based Restricted Stock Units $ M 7066 Disposed 2022-05-17 Common Stock (7066) Direct
2020-05-17 Performance-based Restricted Stock Units $ J 7211 Disposed 2022-05-17 Common Stock (7211) Direct
2020-05-17 Restricted Stock Units $ M 7211 Disposed 2022-05-17 Common Stock (7211) Direct
2020-05-18 Performance-based Restricted Stock Units $ M 368 Disposed 2021-05-18 Common Stock (368) Direct
2020-05-18 Performance-based Restricted Stock Units $ J 4602 Disposed 2021-05-18 Common Stock (4602) Direct
2020-05-18 Restricted Stock Units $ M 2301 Disposed 2021-05-18 Common Stock (2301) 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, 145 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, 4,418 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 4,418 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.