Brad D. Smith - Jul 1, 2021 Form 4 Insider Report for INTUIT INC (INTU)

Role
Executive Chairman, Director
Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Jul 1, 2021
Transactions value $
-$2,613,368
Form type
4
Date filed
7/2/2021, 05:25 PM
Previous filing
Aug 10, 2021
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 +444 +0.13% $0.00 355K Jul 1, 2021 Direct F1
transaction INTU Common Stock Options Exercise $0 +309 +0.09% $0.00 355K Jul 1, 2021 Direct
transaction INTU Common Stock Options Exercise $0 +8.28K +2.33% $0.00 364K Jul 1, 2021 Direct
transaction INTU Common Stock Options Exercise $0 +1.28K +0.35% $0.00 365K Jul 1, 2021 Direct F2
transaction INTU Common Stock Options Exercise $0 +804 +0.22% $0.00 366K Jul 1, 2021 Direct F3
transaction INTU Common Stock Tax liability -$2.61M -5.32K -1.46% $491.05 360K Jul 1, 2021 Direct F4

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 -444 -11.11% $0.00 3.55K Jul 1, 2021 Common Stock 444 Direct F5, F6, F7
transaction INTU Restricted Stock Unit Options Exercise $0 -309 -7.7% $0.00 3.7K Jul 1, 2021 Common Stock 309 Direct F5, F6, F7
transaction INTU Restricted Stock Unit Options Exercise $0 -8.28K -100% $0.00* 0 Jul 1, 2021 Common Stock 8.28K Direct F5, F7, F8
transaction INTU Restricted Stock Unit Options Exercise $0 -1.28K -11.35% $0.00 10K Jul 1, 2021 Common Stock 1.28K Direct F5, F7, F9
transaction INTU Restricted Stock Unit Options Exercise $0 -804 -9.25% $0.00 7.89K Jul 1, 2021 Common Stock 804 Direct F5, F7, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3 shares of Intuit Inc. common stock acquired by the reporting person on 6/15/2021 through the Intuit Inc. Employee Stock Purchase Plan.
F2 Represents the deferred release of 1,224 vested restricted stock units and the vesting and release of an additional 58 restricted stock units to accomodate the withholding of those 58 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.
F3 Represents the deferred release of 768 vested restricted stock units and the vesting and release of an additional 36 restricted stock units to accomodate the withholding of those 36 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.
F4 Represents shares withheld in connection with tax withholding obligations as follows: 4,853 shares in connection with deferred release of vested restricted stock units on 7/1/2021; 94 shares in connection with 7/1/2021 vesting of restricted stock units with deferred release date of 7/1/2022; and 375 shares in connection with restricted stock units with a vesting and release date of 7/1/2021.
F5 1-for-1
F6 Represents vesting and release date for these restricted stock units.
F7 Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
F8 Represents release date for these vested restricted stock units.
F9 Represents release date for 1,224 vested restricted stock units and the vesting and release date for 58 restricted stock units to accomodate the withholding of those 58 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.
F10 Represents release date for 768 vested restricted stock units and the vesting and release date for 36 restricted stock units to accomodate the withholding of those 36 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2022.