Kerry J. McLean - Dec 8, 2023 Form 4 Insider Report for INTUIT INC. (INTU)

Role
EVP, Gen. Counsel & Corp.Sec.
Signature
/s/ Erick Rivero, by power-of-attorney
Stock symbol
INTU
Transactions as of
Dec 8, 2023
Transactions value $
-$130,849
Form type
4
Date filed
12/12/2023, 03:47 PM
Previous filing
Oct 3, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INTU Common Stock Options Exercise $0 +75 +0.34% $0.00 22.4K Dec 8, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +102 +0.45% $0.00 22.5K Dec 8, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +47 +0.21% $0.00 22.6K Dec 8, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +3 +0.01% $0.00 22.6K Dec 8, 2023 Direct
transaction INTU Common Stock Options Exercise $0 +1 +0% $0.00 22.6K Dec 8, 2023 Direct
transaction INTU Common Stock Tax liability -$131K -228 -1.01% $573.90 22.4K Dec 8, 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 Options Exercise $0 -75 -1.36% $0.00 5.42K Dec 8, 2023 Common Stock 75 Direct F1, F2, F3, F4
transaction INTU Restricted Stock Units - performance-based Options Exercise $0 -102 -1.38% $0.00 7.28K Dec 8, 2023 Common Stock 102 Direct F1, F3, F4, F5
transaction INTU Restricted Stock Units - performance-based Options Exercise $0 -47 -0.63% $0.00 7.45K Dec 8, 2023 Common Stock 47 Direct F1, F3, F4, F6
transaction INTU Restricted Stock Units (MSPP Matching Unit) Options Exercise $0 -3 -1.63% $0.00 181 Dec 8, 2023 Common Stock 3 Direct F1, F3, F7
transaction INTU Restricted Stock Units (MSPP Matching Unit) Options Exercise $0 -1 -0.56% $0.00 178 Dec 8, 2023 Common Stock 1 Direct F1, F3, 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 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2024. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F3 Restricted Stock Units have no expiration date; they either vest or are canceled prior to vesting date.
F4 Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.
F5 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2025. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F6 Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2026. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
F7 Represents vesting and settlement date for Restricted Stock Units (MSPP Matching Award). The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.