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EA Electronic Arts Inc

129.00
1.38 (1.08%)
After Hours
Last Updated: 22:30:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Electronic Arts Inc NASDAQ:EA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.38 1.08% 129.00 125.01 129.00 129.25 127.03 128.08 2,274,697 22:30:00

Statement of Changes in Beneficial Ownership (4)

19/05/2021 10:20pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Jorgensen Blake J
2. Issuer Name and Ticker or Trading Symbol

ELECTRONIC ARTS INC. [ EA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
COO & CFO
(Last)          (First)          (Middle)

209 REDWOOD SHORES PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

5/18/2021
(Street)

REDWOOD CITY, CA 94065
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/18/2021  M  3450 A (1)44000 D  
Common Stock 5/18/2021  F  1680 (2)D$137.53 42320 D  
Common Stock 5/18/2021  M  4314 A (3)46634 D  
Common Stock 5/18/2021  F  2099 (2)D$137.53 44535 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance-based Restricted Stock Units  (1)5/18/2021  M     3450   (4)5/18/2021 Common Stock 3450  (1)30376 D  
Performance-based Restricted Stock Units  (1)5/18/2021  J     30376   (5)5/18/2021 Common Stock 30376  (5)0 D  
Restricted Stock Units  (3)5/18/2021  M     4314   (6)5/18/2021 Common Stock 4314  (3)0 D  

Explanation of Responses:
(1) Each Performance-Based Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of Performance-Based Restricted Stock Units in shares of common stock on their scheduled vesting date.
(2) Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.
(3) Each 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.
(4) Vesting of this award depends on EA's relative total stockholder return. 12% of the target number of Performance-Based Restricted Stock Units of the first tranche and the second tranche of this award vested based on actual performance and 16% of the target number of Performance-Based Restricted Stock Units of the third tranche of this award vested based on actual performance.
(5) Represents the portion of unearned Performance-Based Restricted Stock Units cancelled in accordance with their terms.
(6) This award was fully vested as of May 18, 2021.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Jorgensen Blake J
209 REDWOOD SHORES PARKWAY
REDWOOD CITY, CA 94065


COO & CFO

Signatures
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Blake J Jorgensen5/19/2021
**Signature of Reporting PersonDate

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