Sasan K. Goodarzi - Jul 1, 2021 Form 4 Insider Report for INTUIT INC (INTU)

Role: CEO, President, & Board member, Director
Signature: /s/ Erick Rivero, by power-of-attorney
Stock symbol: INTU
Transactions as of: Jul 1, 2021
Transactions value $: -$986,028
Form type: 4
Date filed: 7/2/2021, 05:17 PM
Next filing: Aug 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INTU	Common Stock	Options Exercise	$0	+793	+0.85%	$0.00	94.1K	Jul 1, 2021	Direct
transaction	INTU	Common Stock	Options Exercise	$0	+3.43K	+3.65%	$0.00	97.5K	Jul 1, 2021	Direct	F1
transaction	INTU	Common Stock	Options Exercise	$0	+175	+0.18%	$0.00	97.7K	Jul 1, 2021	Direct
transaction	INTU	Common Stock	Tax liability	-$986K	-2.01K	-2.06%	$491.05	95.7K	Jul 1, 2021	Direct	F2

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	Options Exercise	$0	-793	-19.99%	$0.00	3.17K	Jul 1, 2021	Common Stock	793		Direct	F3, F4, F5
transaction	INTU	Restricted Stock Unit	Options Exercise	$0	-3.43K	-24.64%	$0.00	10.5K	Jul 1, 2021	Common Stock	3.43K		Direct	F3, F5, F6
transaction	INTU	Restricted Stock Unit	Options Exercise	$0	-175	-1.12%	$0.00	15.5K	Jul 1, 2021	Common Stock	175		Direct	F3, F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the deferred release of 3,393 vested restricted stock units and the vesting and release of an additional 40 restricted stock units to accomodate the withholding of those 40 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.
F2	Represents shares withheld in connection with tax withholding obligations as follows: 1,399 shares in connection with deferred release of vested restricted stock units on 7/1/2021; 215 shares in connection with 7/1/2021 vesting of restricted stock units with deferred release date of 7/1/2022; and 394 shares in connection with restricted stock units with a vesting and release date of 7/1/2021.
F3	1-for-1
F4	Represents vesting and release date for these restricted stock units.
F5	Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
F6	Represents release date for 3,393 vested restricted stock units and the vesting and release date for 40 restricted stock units to accomodate the withholding of shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.
F7	Represents the vesting and release date for 175 restricted stock units to accomodate the withholding of shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.