BRAD D. SMITH - 17 Dec 2021 Form 4 Insider Report for INTUIT INC (INTU)

Role
Executive Chairman, Director
Signature
/s/ Stacey Doynow, by power-of-attorney
Issuer symbol
INTU
Transactions as of
17 Dec 2021
Transactions value $
-$339,288
Form type
4
Filing time
21 Dec 2021, 15:22:57 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 +325 +0.08% $0 407,446 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +209 +0.05% $0 407,655 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +11 +0% $0 407,666 17 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +2 +0% $0 407,668 17 Dec 2021 Direct
transaction INTU Common Stock Tax liability -$339,287 -547 -0.13% $620.27 407,121 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 -325 -2.32% $0 13,705 17 Dec 2021 Common Stock 325 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Unit - performance-based Options Exercise $0 -209 -2.16% $0 9,459 17 Dec 2021 Common Stock 209 Direct F1, F3, F4, F5
transaction INTU Restricted Stock Unit (MSPP Matching Unit) Options Exercise $0 -11 -1.54% $0 704 17 Dec 2021 Common Stock 11 Direct F1, F3, F6
transaction INTU Restricted Stock Unit (MSPP Matching Unit) Options Exercise $0 -2 -0.77% $0 259 17 Dec 2021 Common Stock 2 Direct F1, F3, F6
* 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 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.