SEC Form 4 · accession 0001454387-17-000145
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Wilson
Officer — Chief Executive Officer · Director
Period of report
Jun 16, 2017
Accepted (ET)
Jun 19, 2017 · 7:43 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 Stock | Jun 16, 2017 | M | 100,000 | $26.25 | A | 100,000 | D | |
| Common StockF1,F2 | Jun 16, 2017 | S | 38,382 | $110.512 | D | 61,618 | D | |
| Common StockF1,F3 | Jun 16, 2017 | S | 49,250 | $111.7118 | D | 12,368 | D | |
| Common StockF1,F4 | Jun 16, 2017 | S | 12,368 | $112.2047 | D | 0 | D | |
| Common Stock | holding | — | — | — | 6,349 | I | By Charitable Trust | |
| Common Stock | holding | — | — | — | 256,133 | I | By Family Trust |
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)F5 | $26.25 | Jun 16, 2017 | M | 100,000 | D | — | Oct 31, 2023 | Common Stock | 100,000 | 750,000 | D |
Explanation of responses
- F1This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Wilson on May 12, 2017.
- F2Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $110.08 to $111.05. 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.
- F3Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $111.09 to $112.08. 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.
- F4Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $112.09 to $112.49. 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.
- F5Option to purchase 1,000,000 shares which cliff vested as to 240,000 shares on November 1, 2014 and vested or vests as to 20,000 shares on the first day of each month thereafter until the option is fully vested in January 2018.