Sasan K. Goodarzi - 31 Dec 2021 Form 4 Insider Report for INTUIT INC (INTU)

Signature
/s/ Tyler Cozzens, by power-of-attorney
Issuer symbol
INTU
Transactions as of
31 Dec 2021
Net transactions value
-$571,350
Form type
4
Filing time
04 Jan 2022, 20:05:23 UTC
Previous filing
24 Nov 2021
Next filing
04 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +793 +1% $0.000000 78,434 31 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +888 +1.1% $0.000000 79,322 31 Dec 2021 Direct
transaction INTU Common Stock Options Exercise $0 +44 +0.06% $0.000000 79,366 31 Dec 2021 Direct
transaction INTU Common Stock Tax liability $571,350 -879 -1.1% $650.00 78,487 31 Dec 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 Units Options Exercise $0 -793 -33% $0.000000 1,587 31 Dec 2021 Common Stock 793 Direct F1, F2, F3
transaction INTU Restricted Stock Units Options Exercise $0 -888 -9.2% $0.000000 8,727 31 Dec 2021 Common Stock 888 Direct F1, F3, F4, F5
transaction INTU Restricted Stock Unit Options Exercise $0 -44 -0.29% $0.000000 15,366 31 Dec 2021 Common Stock 44 Direct F1, F3, F6
* 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 vesting and release date for these Restricted Stock Units.
F3 Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.
F4 Represents 848 vested Restricted Stock Units which were subject to a one year deferred release and 40 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 12/31/2021 but are subject to deferred release.
F5 Represents release date for 848 Restricted Stock Units and vesting and release date for 40 Restricted Stock Units.
F6 Represents vesting and release date for this portion of Restricted Stock Units to accommodate tax withholding obligations in connection with vesting and deferred release of certain Restricted Stock Units granted on 7/30/2020.