Sasan K. Goodarzi - Oct 1, 2022 Form 4 Insider Report for INTUIT INC (INTU)

Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Oct 1, 2022
Transactions value $
-$371,053
Form type
4
Date filed
10/4/2022, 06:14 PM
Previous filing
Oct 3, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +887 +1.47% $0.00 61.1K Oct 1, 2022 Direct
transaction INTU Common Stock Options Exercise $0 +976 +1.6% $0.00 62.1K Oct 1, 2022 Direct
transaction INTU Common Stock Options Exercise $0 +31 +0.05% $0.00 62.1K Oct 1, 2022 Direct
transaction INTU Common Stock Tax liability -$371K -958 -1.54% $387.32 61.1K Oct 1, 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 Units Options Exercise $0 -887 -12.76% $0.00 6.06K Oct 1, 2022 Common Stock 887 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Unit Options Exercise $0 -976 -8.45% $0.00 10.6K Oct 1, 2022 Common Stock 976 Direct F1, F4, F5, F6
transaction INTU Restricted Stock Unit Options Exercise $0 -31 -0.29% $0.00 10.8K Oct 1, 2022 Common Stock 31 Direct F1, F4, F7
* 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 847 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 10/1/2022 but are subject to deferred release.
F3 Represents release date for 847 Restricted Stock Units and vesting and release date for 40 Restricted Stock Units.
F4 Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.
F5 Represents 932 vested Restricted Stock Units which were subject to a one year deferred release and 44 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 10/1/2022 but are subject to deferred release.
F6 Represents release date for 932 Restricted Stock Units and vesting and release date for 44 Restricted Stock Units.
F7 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 7/29/2021.