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

Signature
/s/ Stacey Doynow, by power-of-attorney
Stock symbol
INTU
Transactions as of
Oct 1, 2021
Transactions value $
-$478,150
Form type
4
Date filed
10/4/2021, 06:35 PM
Previous filing
Sep 2, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +794 +0.7% $0.00 114K Oct 1, 2021 Direct
transaction INTU Common Stock Options Exercise $0 +887 +0.78% $0.00 114K Oct 1, 2021 Direct F1
transaction INTU Common Stock Options Exercise $0 +44 +0.04% $0.00 115K Oct 1, 2021 Direct
transaction INTU Common Stock Tax liability -$478K -879 -0.77% $543.97 114K Oct 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 -794 -25.02% $0.00 2.38K Oct 1, 2021 Common Stock 794 Direct F3, F4, F5
transaction INTU Restricted Stock Unit Options Exercise $0 -887 -8.45% $0.00 9.62K Oct 1, 2021 Common Stock 887 Direct F3, F5, F6
transaction INTU Restricted Stock Unit Options Exercise $0 -44 -0.28% $0.00 15.4K Oct 1, 2021 Common Stock 44 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 847 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 10/1/2022.
F2 Represents shares withheld in connection with tax withholding obligations as follows: 401 shares in connection with deferred release of vested restricted stock units on 10/1/2021; 84 shares in connection with 10/1/2021 vesting of restricted stock units with deferred release date of 10/1/2022; and 394 shares in connection with restricted stock units with a vesting and release date of 10/1/2021.
F3 1-for-1
F4 Represents vesting and release date for this traunch of 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 847 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 10/1/2022.
F7 Represents the vesting and release date for 44 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 10/1/2022.