Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | INTU | Non-Qualified Stock Option (right to buy) | Award | $0 | +20.1K | $0.00 | 20.1K | Jul 28, 2022 | Common Stock | 20.1K | $448.59 | Direct | F1 | |
transaction | INTU | Restricted Stock Unit | Award | $0 | +6.13K | $0.00 | 6.13K | Jul 28, 2022 | Common Stock | 6.13K | Direct | F2, F3, F4, F5 | ||
transaction | INTU | Restricted Stock Unit(performance-based vesting) | Award | $0 | +11.7K | $0.00 | 11.7K | Jul 28, 2022 | Common Stock | 11.7K | Direct | F2, F3, F5, F6, F7 |
Id | Content |
---|---|
F1 | 25% of the stock options granted will vest on 7/28/2023 and thereafter 2 1/2% of the stock options will vest on each monthly anniversary. |
F2 | Dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares. |
F3 | 1-for-1 |
F4 | 25% of the Restricted Stock Units will vest on 7/1/2023; thereafter, 6.25% of the Restricted Stock Units will vest on each of October 1. December 31, April 1, and July 1 following the first vest date, until the award is fully vested. |
F5 | Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date. |
F6 | The target number of units subject to the award is presented in the table; the number that vest may be 0-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2025. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock. |
F7 | Represents vesting date for Restricted Stock Units (performance-based vesting). |