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Filing Details

Accession Number:: 0001127602-21-020263
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-06-17 20:45:48
Reporting Period:: 2021-06-16

Accepted Time:: 2021-06-17 20:45:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
712515	Electronic Arts Inc.	EA	Services-Prepackaged Software (7372)	942838567

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1609751	J. Jacob Schatz	209 Redwood Shores Parkway Redwood City CA 94065	General Counsel & Corp Sect'y	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-06-16	1,000	$144.14	21,579	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance-based Restricted Stock Units	Acquisiton	2021-06-16	17,531	$0.00	17,531	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2021-06-16	17,531	$0.00	17,531	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
17,531		2024-05-16	No	4	A	Direct
17,531		2024-05-16	No	4	A	Direct

Footnotes

This sale was effected pursuant to a 10b5-1 trading plan established by Mr. Schatz on May 14, 2021.
Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock.
Represents the target number of shares of Electronic Arts Inc. common stock that may be awarded upon the achievement of performance conditions relating to EA's relative total stockholder return, net bookings and operating income. The actual number of such Performance-Based Restricted Stock Units that will vest will depend on EA's relative total stockholder return, net bookings and operating income for the performance period and will range from 0% to 200% of the target number of such Performance-Based Restricted Stock Units.
Performance-Based Restricted Stock Units will vest subject to the terms and conditions of the grant agreement evidencing the award and the Company's 2019 Equity Incentive Plan. The performance conditions are described in the Form of Performance-Based Restricted Stock Unit Agreement filed as Exhibit 10.10 to the Company's Form 10-K filed with the SEC on May 26, 2021 and in the Company's Form 8-K filed with the SEC on May 25, 2021.
Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.
Restricted Stock Units shall vest as to one-half on May 16, 2022, with the remainder of the award vesting in approximately equal increments every six months thereafter until the award is fully vested on May 16, 2024.