BRAD D. SMITH - 10 Aug 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
10 Aug 2021
Net transactions value
-$1,035,300
Form type
4
Filing time
12 Aug 2021, 14:37:29 UTC
Previous filing
02 Aug 2021
Next filing
16 Aug 2021
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 +1,467 +0.41% $0.000000 361,773 10 Aug 2021 Direct
transaction INTU Common Stock Options Exercise $0 +1,415 +0.39% $0.000000 363,188 10 Aug 2021 Direct
transaction INTU Common Stock Tax liability $725,748 -1,369 -0.38% $530.13 361,819 10 Aug 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 $309,552 -1,467 -100% $211.01 0 10 Aug 2021 Common Stock 1,467 Direct F1, F2, F3
transaction INTU Restricted Stock Unit (MSPP Matching Award) Options Exercise $0 -1,415 -100% $0.000000* 0 10 Aug 2021 Common Stock 1,415 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).