Kerry J. McLean - 09 Aug 2022 Form 4 Insider Report for INTUIT INC (INTU)

Role
EVP, Gen. Counsel & Corp.Sec.
Signature
/s/ Stacey Doynow, by power-of-attorney
Issuer symbol
INTU
Transactions as of
09 Aug 2022
Net transactions value
-$93,065
Form type
4
Filing time
11 Aug 2022, 09:47:04 UTC
Previous filing
01 Aug 2022
Next filing
15 Aug 2022
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 +131 +1.2% $0.000000 10,905 09 Aug 2022 Direct
transaction INTU Common Stock Options Exercise $0 +126 +1.2% $0.000000 11,031 09 Aug 2022 Direct
transaction INTU Common Stock Tax liability $56,835 -123 -1.1% $462.07 10,908 09 Aug 2022 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 (MSPP Purchased Award) Options Exercise $36,231 -131 -100% $276.57 0 09 Aug 2022 Common Stock 131 Direct F1, F2, F3
transaction INTU Restricted Stock Unit (MSPP Matching Award) Options Exercise $0 -126 -100% $0.000000* 0 09 Aug 2022 Common Stock 126 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 Represents settlement date. Restricted Stock Units (MSPP Purchase Award) are fully vested upon grant; however, settlement occurs upon the earlier of termination of employment or three years from grant date.
F3 Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
F4 Represents vesting and settlement date. Restricted Stock Units (MSPP Matching Award) vest 3 years from grant date.
F5 Reporting person was awarded the Restricted Stock Units (MSPP Matching Award) in connection with voluntary participation in a management stock purchase program (MSPP).