Brad D. Smith - Aug 10, 2021 Form 4 Insider Report for INTUIT INC (INTU)

Role: Executive Chairman, Director
Signature: /s/ Stacey Doynow, by power-of-attorney
Stock symbol: INTU
Transactions as of: Aug 10, 2021
Transactions value $: -$1,035,300
Form type: 4
Date filed: 8/12/2021, 02:37 PM
Previous filing: Aug 2, 2021
Next filing: Aug 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INTU	Common Stock	Options Exercise	$0	+1.47K	+0.41%	$0.00	362K	Aug 10, 2021	Direct
transaction	INTU	Common Stock	Options Exercise	$0	+1.42K	+0.39%	$0.00	363K	Aug 10, 2021	Direct
transaction	INTU	Common Stock	Tax liability	-$726K	-1.37K	-0.38%	$530.13	362K	Aug 10, 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 (MSPP Purchased Award)	Options Exercise	-$310K	-1.47K	-100%	$211.01	0	Aug 10, 2021	Common Stock	1.47K		Direct	F1, F2, F3
transaction	INTU	Restricted Stock Unit (MSPP Matching Award)	Options Exercise	$0	-1.42K	-100%	$0.00^*	0	Aug 10, 2021	Common Stock	1.42K		Direct	F1, F3, 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 settlement date. Restricted Stock Units (MSPP Purchase Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
F3	Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
F4	Represents vesting and settlement date. Restricted Stock Units (MSPP Matching Award) vest 3 years from grant date.
F5	Reporting person was awarded the Restricted Stock Units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).