Sasan K. Goodarzi - 31 Dec 2022 Form 4 Insider Report for INTUIT INC (INTU)

Signature
/s/ Erick Rivero, by power-of-attorney
Issuer symbol
INTU
Transactions as of
31 Dec 2022
Net transactions value
-$372,484
Form type
4
Filing time
04 Jan 2023, 15:05:46 UTC
Previous filing
05 Dec 2022
Next filing
04 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +888 +1.5% $0.000000 62,032 31 Dec 2022 Direct
transaction INTU Common Stock Options Exercise $0 +977 +1.6% $0.000000 63,009 31 Dec 2022 Direct
transaction INTU Common Stock Options Exercise $0 +31 +0.05% $0.000000 63,040 31 Dec 2022 Direct
transaction INTU Common Stock Tax liability $372,484 -957 -1.5% $389.22 62,083 31 Dec 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 -888 -15% $0.000000 5,176 31 Dec 2022 Common Stock 888 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Units Options Exercise $0 -977 -9.2% $0.000000 9,602 31 Dec 2022 Common Stock 977 Direct F1, F4, F5, F6
transaction INTU Restricted Stock Units Options Exercise $0 -31 -0.29% $0.000000 10,758 31 Dec 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 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 12/31/2022 but are subject to deferred release.
F3 Represents release date for 848 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 933 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 12/31/2022 but are subject to deferred release.
F6 Represents release date for 933 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.