SEC Form 4 · accession 0001454387-16-000282
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence F Probst III
Director
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 8:19 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 28, 2016 | M | 3,570 | — | A | 187,419 | D | |
| Common Stock | holding | — | — | — | 58,590 | I | By GRAT | |
| Common Stock | holding | — | — | — | 469,713 | I | By Probst Family LP | |
| Common Stock | holding | — | — | — | 16,669 | I | by Spouse |
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,F2 | — | Jul 28, 2016 | M | 3,570 | D | — | Aug 14, 2016 | Common Stock | 3,570 | 0 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 28, 2016 | A | 3,408 | A | — | Jul 28, 2017 | Common Stock | 3,408 | 3,408 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts common stock.
- F2This award was fully vested as of July 28, 2016.
- F3The Restricted Stock Units vest in their entirety upon the earlier of (i) date of Electronic Arts' next Annual Meeting of Stockholders or (ii) July 28, 2017.
Remarks
Note: Indirect holdings by GRAT no longer include 14,648 shares transferred to a trust beneficiary. Gifts of 700 shares and 1,000 shares, respectively, previously attributed to the Probst Family L.P. are now attributed to Mr. Probst's direct holdings.