SEC Form 4 · accession 0001545187-15-000091
ELECTRONIC ARTS INC. · EA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lucy Bradshaw
Officer — SVP, Maxis Studio
Period of report
May 16, 2015
Accepted (ET)
May 20, 2015 · 8:31 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 | May 16, 2015 | M | 14,005 | — | A | 107,495 | D | |
| Common StockF2 | May 16, 2015 | F | 5,257 | $62.875 | D | 102,238 | D | |
| Common StockF1 | May 17, 2015 | M | 16,667 | — | A | 118,905 | D | |
| Common StockF2 | May 17, 2015 | F | 8,420 | $62.875 | D | 110,485 | D | |
| Common StockF1 | May 18, 2015 | M | 16,667 | — | A | 127,152 | D | |
| Common StockF2 | May 18, 2015 | F | 8,697 | $62.875 | D | 118,455 | D | |
| Common StockF1 | May 18, 2015 | M | 75,000 | — | A | 193,455 | D | |
| Common StockF2 | May 18, 2015 | F | 39,136 | $62.875 | D | 154,319 | D | |
| Common StockF3 | May 18, 2015 | S | 15,000 | $63.0583 | D | 139,319 | D | |
| Common StockF4 | May 19, 2015 | S | 15,127 | $62.7939 | D | 124,192 | 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,F5 | — | May 18, 2015 | M | 16,667 | D | — | May 18, 2015 | Common Stock | 16,667 | 91,667 | D |
| Restricted Stock UnitsF1,F5 | — | May 18, 2015 | M | 75,000 | D | — | May 18, 2015 | Common Stock | 75,000 | 16,667 | D |
| Restricted Stock UnitsF1,F6 | — | May 17, 2015 | M | 16,667 | D | — | May 17, 2016 | Common Stock | 16,667 | 16,667 | D |
| Restricted Stock UnitsF1,F6 | — | May 16, 2015 | M | 14,005 | D | — | May 16, 2017 | Common Stock | 14,005 | 28,011 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents the right to receive, at settlement, one share of 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.
- F3Weighted average sale price for common stock sold. Actual sales price for shares sold ranged from $62.80 to $63.37. The Company undertakes to provide to the Staff of the S.E.C., the issuer 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 $62.65 to $62.93. The Company undertakes to provide to the Staff of the S.E.C., the issuer or a security holder full information regarding the number of shares purchased or sold at each separate price.
- F5This award was fully vested as of May 18, 2015.
- F6This award has vested or will vest as to one-third of the restricted stock units on the 11-month, 23-month and 35-month anniversaries of the date of grant.