INTUIT INC. — Director's Dealing 2011

Jul 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTUIT INC (INTU)
CIK: 0000896878
Period of Report: 2011-07-20

Reporting Person: SMITH BRAD D (Director, CEO & President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-20	Non-Qualified Stock Option (right to buy)	$47.79	A	110496	Acquired	2018-07-19	Common Stock (110496)	Direct
2011-07-20	Restricted Stock Unit	$	A	29845	Acquired		Common Stock (29845)	Direct
2011-07-20	Restricted Stock Unit (performance-based vesting)	$	A	111421	Acquired		Common Stock (111421)	Direct
2011-07-20	Restricted Stock Unit (performance-based vesting)	$	A	122441	Acquired		Common Stock (122441)	Direct

Footnotes

F1: 50% of the options vest on 7/20/2014; the remaining options vest on 7/20/2016.

F2: 1-for-1

F3: 50% of these restricted stock units vest on 7/1/2014 and the remaining 50% vest on 7/1/2016, provided the issuer achieves a pre-established minimum operating goal.

F4: Restricted Stock Units have no expiration date; they either vest or are canceled prior to vest date.

F5: The maximum number of units subject to the award is presented in the table; the number of units that vest may be 0%-100% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain pre-established 3-year operating goals, 50% of the awarded units will vest on each of 9/1/2014 and 9/1/2016. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.

F6: The maximum number of units subject to the award is presented in the table; the number of units that vest may be 0%-100% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, 50% of the awarded units will vest on each of 9/1/2014 and 9/1/2016. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.