SEC Form 4 · accession 0001454387-15-000032
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake J Jorgensen
Officer — EVP & Chief Financial Officer
Period of report
Sep 17, 2015
Accepted (ET)
Sep 18, 2015 · 6:38 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 StockF1 | Sep 17, 2015 | M | 50,000 | — | A | 140,100 | D | |
| Common StockF2 | Sep 17, 2015 | F | 26,090 | $70.28 | D | 114,010 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Sep 17, 2015 | M | 50,000 | D | — | Sep 17, 2016 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts common stock. This transaction represents the settlement of Restricted Stock Units in shares of common stock on their scheduled vesting date.
- F2Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
- F3This award has vested or will vest as to 25% on each of the first, second, third and fourth anniversaries of the grant date.