BRAD D. SMITH - 01 Sep 2021 Form 4 Insider Report for INTUIT INC (INTU)

Role
Executive Chairman, Director
Signature
/s/ Erick Rivero, by-power-of-attorney
Issuer symbol
INTU
Transactions as of
01 Sep 2021
Transactions value $
-$22,538,715
Form type
4
Filing time
02 Sep 2021, 21:07:54 UTC
Previous filing
16 Aug 2021
Next filing
04 Oct 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 +83,146 +22.98% $0 444,965 01 Sep 2021 Direct
transaction INTU Common Stock Tax liability -$22,114,678 -39,271 -8.83% $563.13 405,694 01 Sep 2021 Direct
transaction INTU Common Stock Options Exercise $0 +753 +0.19% $0 406,447 01 Sep 2021 Direct
transaction INTU Common Stock Tax liability -$424,036 -753 -0.19% $563.13 405,694 01 Sep 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 -performance-based vesting Options Exercise $0 -83,146 -100% $0* 0 01 Sep 2021 Common Stock 83,146 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Unit -performance-based vesting Options Exercise $0 -753 -1.42% $0 52,349 01 Sep 2021 Common Stock 753 Direct F1, 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 the outstanding awarded and vested units pursuant to the Restricted Stock Unit (performance-based vesting) grant related to achievement of certain total shareholder return objectives.
F3 Represents release date for Restricted Stock Units (performance-based vesting) granted on 7/21/2017.
F4 Restricted Stock Units do not expire; they either vest or are canceled prior to vest date.
F5 Represents accelerated release date for these vested Restricted Stock Units to accommodate tax withholding obligation related to deferred release of vested Restricted Stock Units.