8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 8, 2021

 ELECTRONIC ARTS INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware	0-17948	94-2838567
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

209 Redwood Shores Parkway,	Redwood City,	California	94065-1175
(Address of Principal Executive Offices)			(Zip Code)

	(650)	628-1500
(Registrant’s Telephone Number, Including Area Code)
Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company	☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.	☐

Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class	Trading Symbol	Name of Each Exchange on Which Registered
Common Stock, $0.01 par value	EA	NASDAQ Global Select Market

Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 8, 2021, Mr. Kofi A. Bruce, Chief Financial Officer of General Mills, Inc. accepted an invitation to be nominated to the Board of Directors (the “Board”) of Electronic Arts Inc. (“EA”) at EA’s 2021 annual meeting of stockholders. If elected, Mr. Bruce is expected to be appointed to EA’s Audit Committee. The Board has determined that Mr. Bruce meets the independence requirements of the Securities and Exchange Commission and the NASDAQ Stock Market Rules and qualifies as an “audit committee financial expert” under such rules.

If elected, Mr. Bruce will receive a grant of restricted stock units with a value of $260,000 issued under EA’s 2019 Equity Incentive Plan (the “EIP”), which reflects the same equity compensation as will be granted to each of EA’s non-employee directors who are elected at EA’s 2021 annual meeting of stockholders. These restricted stock units will vest, subject to the terms of the EIP, upon the earlier of (1) one-year from the grant date and (2) EA’s 2022 annual meeting of stockholders. Mr. Bruce will also receive the Board’s annual retainer of $60,000 and an additional $15,000 for his service on the Audit Committee during the 2021 Board year.

A press release announcing Mr. Bruce’s appointment to the Board is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release, dated as of June 10, 2021.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

INDEX TO EXHIBITS

Exhibit No.	Description
99.1	Press Release, dated as of June 10, 2021.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		ELECTRONIC ARTS INC.
Dated:	June 10, 2021	By:	/s/ Jacob J. Schatz
			Jacob J. Schatz
			Executive Vice President, General Counsel and Corporate Secretary

EX-99.1

Exhibit 99.1

Contacts:
Electronic Arts Investor	Electronic Arts Media
Relations:	Relations:
Chris Evenden	John Reseburg
VP, Investor	VP, Communications
Relations
650-628-0255	650-628-3601
cevenden@ea.com	jreseburgn@ea.com

Kofi A. Bruce Nominated to the Electronic Arts Board of Directors

REDWOOD CITY, Calif. – June 10, 2021 – Electronic Arts Inc. (NASDAQ: EA), a worldwide leader in interactive entertainment, announced today that Mr. Kofi A .Bruce will be nominated to EA’s Board of Directors at EA’s 2021 annual stockholders meeting. Mr. Bruce is expected to be appointed to EA’s Audit Committee.

Mr. Bruce is a transformational executive with more than 20 years of finance, operational strategies, and risk management experience at public, consumer-facing businesses. He currently serves as Chief Financial Officer for General Mills, one of the world's largest food companies.

Mr. Bruce joined General Mills in 2009 and has held various finance leadership roles and served as General Mills’ Chief Accounting Officer, Controller and Treasurer before his appointment as Chief Financial Officer. He is a committed supporter of the company’s environmental, social, and governance focus, and serves on the company’s Social Impact committee.

Prior to General Mills, Mr. Bruce served in a variety of senior finance management roles with Ecolab and Ford Motor Company.

“We are delighted to welcome Kofi to the Electronic Arts board,” said Andrew Wilson, CEO of Electronic Arts. “In addition to his breadth of financial expertise across global consumer brands, Kofi is a values-driven leader who will bring new perspectives and insights to our board as we continue to drive further growth, innovation and new experiences for our players.”

“I’ve long admired Electronic Arts' ability to inspire the world to play through its entertaining, engaging and diverse games. That has never been so evident as this past year, where we saw just how powerful EA’s gaming experiences can be to virtually connect players across generations, cultures and geographies,” said Mr. Bruce. "Coming off a strong year, the future is bright and I’m honored to join the board and the entire EA team during this exciting time of transformative growth and opportunity.”

Mr. Bruce continues to serve on the Board of Directors for non-profit Lifeworks Services, and is also an Aspen Fellow at The Aspen Finance Leaders Fellowship. He received a bachelor's degree in international relations from Stanford University and an M.B.A. from the University of Michigan's Stephen M. Ross School of Business.

About Electronic Arts

Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers.

In fiscal year 2021, EA posted GAAP net revenue of $5.6 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality brands such as EA SPORTS™ FIFA, Battlefield™, Apex Legends™, The Sims™, Madden NFL, Need for Speed™, Titanfall™ and F1™. More information about EA is available at www.ea.com/news.

EA SPORTS, Ultimate Team, Battlefield, Need for Speed, Apex Legends, The Sims and Titanfall are trademarks of Electronic Arts Inc. John Madden, NFL, FIFA and F1 are the property of their respective owners and used with permission.

XML

Cover Page	Jun. 08, 2021
Cover [Abstract]
Document Type	8-K
Document Period End Date	Jun. 08, 2021
Entity Registrant Name	ELECTRONIC ARTS INC.
Entity Incorporation, State or Country Code	DE
Entity File Number	0-17948
Entity Tax Identification Number	94-2838567
Entity Address, Address Line One	209 Redwood Shores Parkway,
Entity Address, City or Town	Redwood City,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94065-1175
City Area Code	(650)
Local Phone Number	628-1500
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	EA
Security Exchange Name	NASDAQ
Entity Central Index Key	0000712515
Amendment Flag	false