Kerry J. McLean - 10 Aug 2021 Form 4 Insider Report for INTUIT INC (INTU)

Role
EVP, Gen. Counsel & Corp. Sec.
Signature
/s/ Stacey Doynow, by power-of-attorney
Issuer symbol
INTU
Transactions as of
10 Aug 2021
Transactions value $
-$125,350
Form type
4
Filing time
12 Aug 2021, 14:34:11 UTC
Previous filing
02 Aug 2021
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +177 +4.47% $0.00 4.14K 10 Aug 2021 Direct
transaction INTU Common Stock Options Exercise $0 +170 +4.11% $0.00 4.31K 10 Aug 2021 Direct
transaction INTU Common Stock Tax liability -$88K -166 -3.85% $530.13 4.15K 10 Aug 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INTU Restricted Stock Unit (MSPP Purchased Award) Options Exercise -$37.3K -177 -100% $211.01 0 10 Aug 2021 Common Stock 177 Direct F1, F2, F3
transaction INTU Restricted Stock Unit (MSPP Matching Award) Options Exercise $0 -170 -100% $0.00* 0 10 Aug 2021 Common Stock 170 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1-for-1
F2 Represents settlement date. Restricted Stock Units (MSPP Purchase Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
F3 Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
F4 Represents vesting and settlement date. Restricted Stock Units (MSPP Matching Award) vest 3 years from grant date.
F5 Reporting person was awarded the Restricted Stock Units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).