SEC Form 4 · accession 0001454387-16-000329
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Bruzzo
Officer — EVP, Chief Marketing Officer
Period of report
Sep 16, 2016
Accepted (ET)
Sep 20, 2016 · 5:43 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 16, 2016 | M | 27,012 | — | A | 39,337 | D | |
| Common StockF2 | Sep 16, 2016 | F | 14,095 | $83.37 | D | 25,242 | 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 16, 2016 | M | 27,012 | D | — | Sep 16, 2017 | Common Stock | 27,012 | 27,013 | 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 one-third (1/3) on each of the 12-month, 24-month and 36-month anniversaries of the date of grant.