SEC Form 4 · accession 0001454387-16-000169
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jacob J. Schatz
Officer — SVP and General Counsel
Period of report
May 16, 2016
Accepted (ET)
May 17, 2016 · 7:15 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 | May 16, 2016 | M | 5,026 | $35.70 | A | 33,588 | D | |
| Common StockF1,F2 | May 16, 2016 | S | 10,000 | $74.9029 | D | 23,588 | 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 | $35.70 | May 16, 2016 | M | 5,026 | D | — | Jun 16, 2024 | Common Stock | 5,026 | 10,053 | D |
Explanation of responses
- F1Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $74.81 to $75.005. The Company 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.
- F2Includes 685 shares of common stock acquired under the Electronic Arts' 2000 Employee Stock Purchase Plan on August 31, 2015 and February 29, 2016, respectively.
- F3This option, representing a right to purchase a total of 15,079 shares, became exercisable in three equal annual installments beginning on May 16, 2015, which was the first anniversary of the date on which the option was granted.