Blake Jorgensen - 26 May 2021 Form 4 Insider Report for ELECTRONIC ARTS INC. (EA)

Role
COO & CFO
Signature
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Blake J Jorgensen
Issuer symbol
EA
Transactions as of
26 May 2021
Transactions value $
-$5,816,069
Form type
4
Filing time
27 May 2021, 17:37:10 UTC
Previous filing
19 May 2021
Next filing
15 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EA Common Stock Award +83.1K +186.52% 128K 26 May 2021 Direct F1
transaction EA Common Stock Tax liability -$5.82M -40.6K -31.82% $143.26 87K 26 May 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of Performance-Based Incremental Restricted Stock Units ("PIRSUs") in shares of common stock on their scheduled vesting date. The PIRSUs were granted in June 2017. Each PIRSU represented the right to receive, at settlement, one share of common stock.
F2 Represents shares of common stock withheld to satisfy tax withholding requirements upon the vesting of this award.