Mark J. Flournoy - Dec 17, 2021 Form 4 Insider Report for INTUIT INC (INTU)

Signature
/s/ Stacey Doynow, by power-of-attorney
Stock symbol
INTU
Transactions as of
Dec 17, 2021
Transactions value $
-$22,330
Form type
4
Date filed
12/21/2021, 03:19 PM
Previous filing
Oct 4, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +28 +10.61% $0.00 292 Dec 17, 2021 Direct
transaction INTU Common Stock Options Exercise $0 +8 +2.74% $0.00 300 Dec 17, 2021 Direct
transaction INTU Common Stock Tax liability -$22.3K -36 -12% $620.27 264 Dec 17, 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 - performance-based Options Exercise $0 -28 -1.74% $0.00 1.58K Dec 17, 2021 Common Stock 28 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Unit - performance-based Options Exercise $0 -8 -0.53% $0.00 1.49K Dec 17, 2021 Common Stock 8 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 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2023. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F3 Restricted Stock Units have no expiration date; they either vest or are canceled prior to vesting date.
F4 Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.
F5 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2024. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.