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EA execs scoop up company stock

Moore, Florin, Humble and Gibeau among senior staff to exercise options

A host of senior Electronic Arts staff appear to have exercised stock options in the company, with over 1 million shares being scooped up by 10 of the key business personnel.

The biggest single stake was taken by Frank Gibeau, EA Games president, who snapped up 200,000 shares at Tuesday's closing price of USD 16.06 - a total value of over USD 3.2 million. Peter Moore, EA Sports president, and Rod Humble, head of The Sims label, gained 125,000 shares apiece, while Gerhard Florin, John Pleasants, Joel Linzner, Eric Brown and Gabrielle Toledano landed 100,000 each.

Kenneth Barker and Stephen Bene took 50,000 shares each, bringing the total non-qualified stock option transaction value to almost USD 17 million.

The company's share price jumped 7.2 per cent yesterday to USD 17.22, but fell back again to USD 16.06 in after-hours.

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