Sasan K. Goodarzi - 01 Apr 2023 Form 4 Insider Report for INTUIT INC. (INTU)

Signature
/s/ Erick Rivero, by power-of-attorney
Issuer symbol
INTU
Transactions as of
01 Apr 2023
Net transactions value
-$298,706
Form type
4
Filing time
04 Apr 2023, 13:40:14 UTC
Previous filing
04 Jan 2023
Next filing
03 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +888 +1.4% $0.000000 62,971 01 Apr 2023 Direct
transaction INTU Common Stock Options Exercise $0 +977 +1.6% $0.000000 63,948 01 Apr 2023 Direct
transaction INTU Common Stock Options Exercise $0 +24 +0.04% $0.000000 63,972 01 Apr 2023 Direct
transaction INTU Common Stock Tax liability $298,706 -670 -1% $445.83 63,302 01 Apr 2023 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 -17% $0.000000 4,288 01 Apr 2023 Common Stock 888 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Units Options Exercise $0 -977 -10% $0.000000 8,625 01 Apr 2023 Common Stock 977 Direct F1, F4, F5, F6
transaction INTU Restricted Stock Units Options Exercise $0 -24 -0.22% $0.000000 10,734 01 Apr 2023 Common Stock 24 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 857 vested Restricted Stock Units which were subject to a one year deferred release and 31 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 4/1/2023 but are subject to deferred release.
F3 Represents release date for 857 Restricted Stock Units and vesting and release date for 31 Restricted Stock Units.
F4 Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.
F5 Represents 943 vested Restricted Stock Units which were subject to a one year deferred release and 34 vested Restricted Stock Units for which release was accelerated to accommodate tax withholding obligations in connection with Restricted Stock Units which vested on 4/1/2023 but are subject to deferred release.
F6 Represents release date for 943 Restricted Stock Units and vesting and release date for 34 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.