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

Role
CEO, President, and Director, Director
Signature
/s/ Erick Rivero, by power-of-attorney
Issuer symbol
INTU
Transactions as of
01 Sep 2023
Net transactions value
-$9,621,847
Form type
4
Filing time
06 Sep 2023, 16:18:21 UTC
Previous filing
02 Aug 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +29,322 +45% $0.000000 94,985 01 Sep 2023 Direct
transaction INTU Common Stock Tax liability $8,502,862 -15,471 -16% $549.60 79,514 01 Sep 2023 Direct
transaction INTU Common Stock Options Exercise $0 +2,036 +2.6% $0.000000 81,550 01 Sep 2023 Direct
transaction INTU Common Stock Tax liability $1,118,986 -2,036 -2.5% $549.60 79,514 01 Sep 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 (performance-based vesting) Options Exercise $0 -29,322 -100% $0.000000* 0 01 Sep 2023 Common Stock 29,322 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Units (performance-based vesting) Options Exercise $0 -2,036 -4.5% $0.000000 43,668 01 Sep 2023 Common Stock 2,036 Direct F1, 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 the outstanding awarded and vested units pursuant to the Restricted Stock Units (performance-based vesting) grant dated 7/25/2019 related to achievement of certain total shareholder return objectives.
F3 Represents release date for vested Restricted Stock Units (performance-based vesting) granted on 7/25/2019.
F4 Restricted Stock Units (performance-based vesting) do not expire; they either vest or are canceled prior to vesting date.
F5 Represents accelerated release date to accommodate tax withholding obligations related to deferred release of vested restricted stock units under this award granted on 7/30/2020.