SEC Form 4 · accession 0001454387-16-000263
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth A Moss
Officer — EVP, Chief Technology Officer
Period of report
Jul 16, 2016
Accepted (ET)
Jul 19, 2016 · 8:06 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 | Jul 16, 2016 | M | 26,940 | — | A | 86,765 | D | |
| Common StockF2 | Jul 16, 2016 | F | 14,058 | $77.83 | D | 72,707 | 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 | — | Jul 16, 2016 | M | 26,940 | D | — | Jul 16, 2017 | Common Stock | 26,940 | 26,940 | 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.
- F3Restricted stock units vested as to 25% on the 6-month anniversary of the grant date; 35% on the 12-month anniversary of the grant date; 20% on the 24-month anniversary of the grant date; then vest as to the remaining 20% on the 36-month anniversary of the grant date. This award was granted on July 16, 2014.