Marianna Tessel - Aug 10, 2021 Form 4 Insider Report for INTUIT INC (INTU)

Signature
/s/ Stacey Doynow, by power-of-attorney
Stock symbol
INTU
Transactions as of
Aug 10, 2021
Transactions value $
-$196,608
Form type
4
Date filed
8/12/2021, 02:42 PM
Previous filing
Aug 2, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +271 +1.93% $0.00 14.3K Aug 10, 2021 Direct
transaction INTU Common Stock Options Exercise $0 +271 +1.89% $0.00 14.6K Aug 10, 2021 Direct
transaction INTU Common Stock Tax liability -$139K -263 -1.8% $530.13 14.4K 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 -$57.2K -271 -100% $211.01 0 Aug 10, 2021 Common Stock 271 Direct F1, F2, F3
transaction INTU Restricted Stock Unit (MSPP Matching Award) Options Exercise $0 -271 -100% $0.00* 0 Aug 10, 2021 Common Stock 271 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).