SEC Form 4 · accession 0001454387-16-000259
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Soderlund
Officer — EVP, EA Studios
Period of report
Jul 8, 2016
Accepted (ET)
Jul 12, 2016 · 7:01 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 | Jul 8, 2016 | M | 41,597 | $35.70 | A | 204,370 | D | |
| Common StockF1 | Jul 8, 2016 | S | 50,000 | $78.00 | D | 154,370 | 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)F2 | $35.70 | Jul 8, 2016 | M | 41,597 | D | — | Jun 16, 2024 | Common Stock | 41,597 | 41,598 | D |
Explanation of responses
- F1This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Soderlund on May 27, 2016.
- F2This option, representing a right to purchase a total of 124,792 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.