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Form 4 ELECTRONIC ARTS INC. For: Jun 16 Filed by: Bruzzo Chris

June 17, 2021 8:19 PM EDT
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Bruzzo Chris

(Last) (First) (Middle)
209 REDWOOD SHORES PARKWAY

(Street)
REDWOOD CITY CA 94065

(City) (State) (Zip)
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)
EVP
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance-based Restricted Stock Units (1) 06/16/2021   A   29,453 (2)     (3) 05/16/2024 Common Stock 29,453 (2) $ 0 29,453 (2) D  
Restricted Stock Units (4) 06/16/2021   A   29,453     (5) 05/16/2024 Common Stock 29,453 $ 0 29,453 D  
Explanation of Responses:
1. Each Performance-Based Restricted Stock Unit represents a contingent right to receive one share of Electronic Arts Inc. common stock.
2. 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.
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 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.
4. Each Restricted Stock Unit represents the right to receive, at settlement, one share of Electronic Arts Inc. common stock.
5. 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.
/s/ Deborah Berenjfoorosh, Attorney-in-Fact For: Chris Bruzzo 06/17/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.


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