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ELECTRONIC ARTS INC. — Director's Dealing 2023
Nov 21, 2023
30015_dirs_2023-11-21_641e3f58-cd4b-420a-b423-17a161962f7d.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: 2023-11-18
Reporting Person: Canfield Stuart (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-18 | Common Stock | M | 2567 | — | Acquired | 8410 | Direct |
| 2023-11-18 | Common Stock | F | 1273 | $133.70 | Disposed | 7137 | Direct |
| 2023-11-18 | Common Stock | M | 1386 | — | Acquired | 8523 | Direct |
| 2023-11-18 | Common Stock | F | 688 | $133.70 | Disposed | 7835 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-18 | Restricted Stock Units | $ | M | 2567 | Disposed | 2023-11-18 | Common Stock (2567) | Direct |
| 2023-11-18 | Performance-based Restricted Stock Units | $ | M | 1386 | Disposed | 2023-11-18 | Common Stock (1386) | Direct |
| 2023-11-18 | Performance-based Restricted Stock Units | $ | J | 4467 | Disposed | 2023-11-18 | Common Stock (4467) | Direct |
Footnotes
F1: 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.
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: This award is fully vested.
F5: Vesting of this award depends on EA's relative total stockholder return. 54% of the target number of Performance-Based Restricted Stock Units vested from this tranche of this award based on actual performance.
F6: Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.