SEC Form 4 · accession 0001127602-18-024661
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis A Ubinas
Director
Period of report
Aug 1, 2018
Accepted (ET)
Aug 3, 2018 · 8:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000712515
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 1, 2018 | M | 226 | $127.48 | A | 1,191 | D | |
| Common Stock | Aug 2, 2018 | M | 7,000 | $33.60 | A | 8,191 | D | |
| Common StockF1 | Aug 2, 2018 | S | 7,000 | $128.4887 | D | 1,191 | D | |
| Common Stock | Aug 2, 2018 | S | 750 | $128.622 | D | 441 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3,F2 | $127.48 | Aug 1, 2018 | A | 226 | A | — | Aug 1, 2018 | Common Stock | 226 | 226 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $127.48 | Aug 1, 2018 | M | 226 | D | — | Aug 1, 2018 | Common Stock | 226 | 0 | D |
| Restricted Stock UnitsF4,F5 | — | Aug 2, 2018 | A | 2,020 | A | — | Aug 2, 2019 | Common Stock | 2,020 | 2,020 | D |
| Non-qualified Stock Option (Right to Buy)F6 | $33.60 | Aug 2, 2018 | M | 7,000 | D | — | Jul 31, 2024 | Common Stock | 7,000 | 4,872 | D |
Explanation of responses
- F1Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $128.47 to $128.53. Electronic Arts Inc. undertakes to provide to the staff of the S.E.C. or a security holder full information regarding the number of shares purchased or sold at each separate price.
- F2This option was immediately exercised.
- F3This option was issued to the reporting person in lieu of Board cash compensation of $26,250.
- F4Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.
- F5The Restricted Stock Units vest in their entirety upon the earlier of (i) date of Electronic Arts Inc.'s next Annual Meeting of Stockholders or (ii) August 2, 2019.
- F6Option was fully vested at time of exercise.