BRAD D. SMITH - 01 Oct 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
01 Oct 2021
Net transactions value
-$766,454
Form type
4
Filing time
04 Oct 2021, 18:50:52 UTC
Previous filing
02 Sep 2021
Next filing
21 Dec 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 +1,281 +0.32% $0.000000 406,975 01 Oct 2021 Direct F1
transaction INTU Common Stock Options Exercise $0 +803 +2% $0.000000 40,778 01 Oct 2021 Direct F2
transaction INTU Common Stock Options Exercise $0 +444 +0.11% $0.000000 408,222 01 Oct 2021 Direct
transaction INTU Common Stock Options Exercise $0 +308 +0.08% $0.000000 408,530 01 Oct 2021 Direct
transaction INTU Common Stock Tax liability $766,454 -1,409 -0.34% $543.97 407,121 01 Oct 2021 Direct F3

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 -1,281 -13% $0.000000 8,737 01 Oct 2021 Common Stock 1,281 Direct F4, F5, F6
transaction INTU Restricted Stock Unit Options Exercise $0 -803 -10% $0.000000 7,089 01 Oct 2021 Common Stock 803 Direct F4, F6, F7
transaction INTU Restricted Stock Unit Options Exercise $0 -444 -12% $0.000000 3,108 01 Oct 2021 Common Stock 444 Direct F4, F6, F8
transaction INTU Restricted Stock Unit Options Exercise $0 -308 -8.3% $0.000000 3,394 01 Oct 2021 Common Stock 308 Direct F4, F6, F8
* 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 1,223 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 10/1/2022.
F2 Represents the deferred release of 767 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 10/1/2022.
F3 Represents shares withheld in connection with tax withholding obligations as follows: 941 shares in connection with deferred release of vested restricted stock units on 10/1/2021; 94 shares in connection with 10/1/2021 vesting of restricted stock units with deferred release date of 10/1/2022; and 374 shares in connection with restricted stock units with a vesting and release date of 10/1/2021.
F4 1-for-1
F5 Represents release date for 1,223 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 10/1/2022.
F6 Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.
F7 Represents release date for 767 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 10/1/2022.
F8 Represents vesting and release date for this traunch of Restricted Stock Units.