Sasan K. Goodarzi - Apr 1, 2023 Form 4 Insider Report for INTUIT INC. (INTU)

Role
CEO, President and Director, Director
Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Apr 1, 2023
Transactions value $
-$298,706
Form type
4
Date filed
4/4/2023, 01:40 PM
Previous filing
Jan 4, 2023
Next filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +888 +1.43% $0.00 63K Apr 1, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +977 +1.55% $0.00 63.9K Apr 1, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +24 +0.04% $0.00 64K Apr 1, 2023 Direct
transaction INTU Common Stock Tax liability -$299K -670 -1.05% $445.83 63.3K Apr 1, 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 -17.16% $0.00 4.29K Apr 1, 2023 Common Stock 888 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Units Options Exercise $0 -977 -10.17% $0.00 8.63K Apr 1, 2023 Common Stock 977 Direct F1, F4, F5, F6
transaction INTU Restricted Stock Units Options Exercise $0 -24 -0.22% $0.00 10.7K Apr 1, 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.