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ELECTRONIC ARTS INC. — Director's Dealing 2024
May 20, 2024
30015_dirs_2024-05-20_26d51c69-489b-41d8-9b26-bdceeb9f3046.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: 2024-05-16
Reporting Person: Schatz Jacob J. (EVP, Global Affairs and CLO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-16 | Common Stock | M | 13470 | — | Acquired | 30896 | Direct |
| 2024-05-16 | Common Stock | F | 5505 | $127.62 | Disposed | 25391 | Direct |
| 2024-05-16 | Common Stock | M | 2191 | — | Acquired | 27582 | Direct |
| 2024-05-16 | Common Stock | F | 1087 | $127.62 | Disposed | 26495 | Direct |
| 2024-05-16 | Common Stock | M | 2442 | — | Acquired | 28937 | Direct |
| 2024-05-16 | Common Stock | F | 1211 | $127.62 | Disposed | 27726 | Direct |
| 2024-05-16 | Common Stock | M | 7124 | — | Acquired | 34850 | Direct |
| 2024-05-16 | Common Stock | F | 3533 | $127.62 | Disposed | 31317 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-16 | Performance-based Stock Units | $ | M | 13470 | Disposed | 2024-05-16 | Common Stock (13470) | Direct |
| 2024-05-16 | Restricted Stock Units | $ | M | 2191 | Disposed | 2024-05-16 | Common Stock (2191) | Direct |
| 2024-05-16 | Restricted Stock Units | $ | M | 2442 | Disposed | 2025-05-16 | Common Stock (2442) | Direct |
| 2024-05-16 | Restricted Stock Units | $ | M | 7124 | Disposed | 2026-06-16 | Common Stock (7124) | 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: Represents performance-based restricted stock units granted on June 16, 2021 that were earned based on certain performance conditions.
F5: This award is fully vested.
F6: Restricted Stock Units shall vest as to one-half on May 16, 2023, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2025.
F7: Restricted Stock Units shall vest as to one-third on May 16, 2024, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2026.