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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance-based Restricted Stock Units | (1) | 06/16/2016 | A | 53,332 (2) | (3) | 05/16/2019 | Common Stock | 53,332 (2) | $ 0 | 53,332 (2) | D | ||||
Restricted Stock Units | (4) | 06/16/2016 | A | 26,666 | (5) | 05/16/2019 | Common Stock | 26,666 | $ 0 | 26,666 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bruzzo Chris 209 REDWOOD SHORES PARKWAY REDWOOD CITY, CA 94065 |
EVP, Chief Marketing Officer |
By: Deborah Berenjfoorosh, Attorney-in-Fact For: Chris Bruzzo | 06/20/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each performance-based restricted stock unit represents a contingent right to receive one share of Electronic Arts common stock. |
(2) | Represents the maximum number of shares of Electronic Arts common stock that may be awarded upon the achievement of performance conditions. |
(3) | Performance-based restricted stock units will vest subject to the terms and conditions of the grant agreement evidencing the award and the Company's 2000 Equity Incentive Plan. The performance conditions are described in the Form of 2016 Performance-Based Restricted Stock Unit Agreement filed as exhibit 10.1 to the Company's Form 8-K filed with the SEC on May 23, 2016. |
(4) | Each restricted stock unit represents the right to receive, at settlement, one share of Electronic Arts common stock. |
(5) | Restricted stock units vest as to one-third on May 16, 2017; then vest as to an additional one-third on May 16, 2018; and then vest as to the remaining one-third on May 16, 2019. |