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

Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Sep 1, 2023
Transactions value $
-$9,621,847
Form type
4
Date filed
9/6/2023, 04:18 PM
Previous filing
Aug 2, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +29.3K +44.66% $0.00 95K Sep 1, 2023 Direct
transaction INTU Common Stock Tax liability -$8.5M -15.5K -16.29% $549.60 79.5K Sep 1, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +2.04K +2.56% $0.00 81.6K Sep 1, 2023 Direct
transaction INTU Common Stock Tax liability -$1.12M -2.04K -2.5% $549.60 79.5K Sep 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 (performance-based vesting) Options Exercise $0 -29.3K -100% $0.00* 0 Sep 1, 2023 Common Stock 29.3K Direct F1, F2, F3, F4
transaction INTU Restricted Stock Units (performance-based vesting) Options Exercise $0 -2.04K -4.45% $0.00 43.7K Sep 1, 2023 Common Stock 2.04K 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.