ELECTRONIC ARTS INC. 4
0000712515-26-000132
View on SEC EDGAREVP, Global Affairs and CLO Jacob J. Schatz had 42,287 EA common shares cashed out at $210.00 and all outstanding RSUs and performance-based RSUs cancelled and converted into equivalent restricted cash awards in connection with EA’s going-private merger on 2026-08-04.
On August 4, 2026, in connection with the closing of the merger in which Electronic Arts Inc. was acquired for $210.00 per share in cash, EVP, Global Affairs and CLO Jacob J. Schatz had all 42,287 shares of EA common stock that he held converted into the right to receive cash at $210.00 per share. Concurrently, all of his unvested equity awards were cancelled and converted into restricted cash awards: 7,271 RSUs, 13,236 RSUs, 40,924 performance-based RSUs, 32,066 performance-based RSUs, and 33,091 performance-based RSUs were each terminated and replaced with cash-based awards sized at $210.00 per underlying share (less applicable taxes) and generally retaining the original vesting or performance schedules. Following the transaction, his equity holdings in EA common stock became zero, with his economic exposure shifted from stock and RSUs to cash consideration and cash-settled restricted awards as dictated by the merger agreement.
Filing Facts
- CIK
- 712515
- Ticker
- EA
- Form
- 4
- Source Type
- sec
- Accession
- 0000712515-26-000132
- Alert Tier
- 6