Michelle M. Clatterbuck - Aug 9, 2022 Form 4 Insider Report for INTUIT INC (INTU)

Signature
/s/ Stacey Doynow, by power-of-attorney
Stock symbol
INTU
Transactions as of
Aug 9, 2022
Transactions value $
-$316,779
Form type
4
Date filed
8/11/2022, 10:04 AM
Previous filing
Aug 1, 2022
Next filing
Aug 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +437 +16.24% $0.00 3.13K Aug 9, 2022 Direct
transaction INTU Common Stock Options Exercise $0 +437 +13.97% $0.00 3.57K Aug 9, 2022 Direct
transaction INTU Common Stock Tax liability -$196K -424 -11.89% $462.07 3.14K Aug 9, 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 -$121K -437 -100% $276.57 0 Aug 9, 2022 Common Stock 437 Direct F1, F2, F3
transaction INTU Restricted Stock Unit (MSPP Matching Award) Options Exercise $0 -437 -100% $0.00* 0 Aug 9, 2022 Common Stock 437 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).