Kerry J. McLean - 17 Dec 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
17 Dec 2021
Net transactions value
-$221,436
Form type
4
Filing time
21 Dec 2021, 15:21:44 UTC
Previous filing
04 Oct 2021
Next filing
04 Jan 2022
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 +143 +1.6% $0.000000 9,264 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +174 +1.9% $0.000000 9,438 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +35 +0.37% $0.000000 9,473 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +2 +0.02% $0.000000 9,475 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +3 +0.03% $0.000000 9,478 17 Dec 2021 Direct
transaction INTU Common Stock Tax liability $221,436 -357 -3.8% $620.27 9,121 17 Dec 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 Options Exercise $0 -143 -2.3% $0.000000 5,995 17 Dec 2021 Common Stock 143 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Unit - performance-based Options Exercise $0 -174 -2.2% $0.000000 7,882 17 Dec 2021 Common Stock 174 Direct F1, F3, F4, F5
transaction INTU Restricted Stock Unit - performance-based Options Exercise $0 -35 -0.62% $0.000000 5,576 17 Dec 2021 Common Stock 35 Direct F1, F3, F4, F6
transaction INTU Restricted Stock Unit (MSPP Matching Unit) Options Exercise $0 -2 -1.6% $0.000000 126 17 Dec 2021 Common Stock 2 Direct F1, F3, F7
transaction INTU Restricted Stock Unit (MSPP Matching Unit) Options Exercise $0 -3 -2.2% $0.000000 132 17 Dec 2021 Common Stock 3 Direct F1, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1-for-1
F2 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2022. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F3 Restricted Stock Units have no expiration date; they either vest or are canceled prior to vesting date.
F4 Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.
F5 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2023. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F6 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2024. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F7 Represents vesting and settlement date for Restricted Stock Units (MSPP Matching Award). The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.