SEC Form 4 · accession 0001454387-17-000070
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake J Jorgensen
Officer — EVP & Chief Financial Officer
Period of report
Apr 4, 2017
Accepted (ET)
Apr 5, 2017 · 9:24 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 | Apr 4, 2017 | M | 12,130 | $35.70 | A | 212,623 | D | |
| Common StockF1,F2 | Apr 4, 2017 | S | 12,130 | $88.79 | D | 200,493 | 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 | Apr 4, 2017 | M | 12,130 | D | — | Jun 16, 2024 | Common Stock | 12,130 | 24,275 | D |
Explanation of responses
- F1This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Jorgensen on November 21, 2016.
- F2Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $88.515 to $89.00. 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.
- F3This option, representing a right to purchase a total of 72,795 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.