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INTUIT INC. — Director's Dealing 2018
Jul 30, 2018
29790_dirs_2018-07-30_d00017db-7a39-41ce-914a-0214eb9602b1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INTUIT INC (INTU)
CIK: 0000896878
Period of Report: 2018-07-26
Reporting Person: Goodarzi Sasan K (EVP, GM Small Bus. & SE Group)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-26 | Non-Qualified Stock Option (right to buy) | $216.64 | A | 54162 | Acquired | 2025-07-25 | Common Stock (54162) | Direct |
| 2018-07-26 | Restricted Stock Units | $ | A | 12693 | Acquired | Common Stock (12693) | Direct | |
| 2018-07-26 | Restricted Stock Units (performance based vesting) | $ | A | 25270 | Acquired | Common Stock (25270) | Direct |
Footnotes
F1: 25% of the awarded stock options will vest on July 26, 2019 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until the award is fully vested.
F2: Dividend rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
F3: 1-for-1
F4: Provided that a predetermined one year operating goal threshold is achieved, 25% of the awarded restricted stock units will vest on 7/1/2019 and thereafter 6.25% of the awarded restricted stock units will vest on each of October 1, December 31, April 1, and July 1 following the first vest date of 7/1/2019, until the award is fully vested.
F5: Restricted Stock Units do not expire; they either vest or are canceled prior to vest date.
F6: The target number of units subject to the award is presented in the table; the number that vest may be 0%-200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2021. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.