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INTUIT INC. Director's Dealing 2019

Dec 16, 2019

29790_dirs_2019-12-16_bbccccf4-a296-4480-94a2-2fd80f63b02f.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: 2019-12-12

Reporting Person: SMITH BRAD D (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-12-12 Common Stock M 161 Acquired 322696 Direct
2019-12-12 Common Stock M 2797 Acquired 325493 Direct
2019-12-12 Common Stock M 965 Acquired 326458 Direct
2019-12-12 Common Stock M 89 Acquired 326547 Direct
2019-12-12 Common Stock M 70 Acquired 326617 Direct
2019-12-12 Common Stock M 30 Acquired 326647 Direct
2019-12-12 Common Stock M 4 Acquired 326651 Direct
2019-12-12 Common Stock F 4116 $252.75 Disposed 322535 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-12-12 Restricted Stock Unit $ M 161 Disposed Common Stock (161) Direct
2019-12-12 Restricted Stock Unit - performance-based vesting $ M 2797 Disposed Common Stock (2797) Direct
2019-12-12 Restricted Stock Unit - performance-based vesting $ M 965 Disposed Common Stock (965) Direct
2019-12-12 Restricted Stock Unit - performance-based vesting $ M 89 Disposed Common Stock (89) Direct
2019-12-12 Restricted Stock Unit (MSPP Matching Award) $ M 70 Disposed Common Stock (70) Direct
2019-12-12 Restricted Stock Unit (MSPP Matching Award) $ M 30 Disposed Common Stock (30) Direct
2019-12-12 Restricted Stock Unit (MSPP Matching Award) $ M 4 Disposed Common Stock (4) Direct

Footnotes

F1: 1-for-1

F2: One third of the 26,000 awarded Restricted Stock Units vest on each of 7/1/2018, 7/1/2019, and 7/1/2020. 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: Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2020. 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.

F5: Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.

F6: Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2021. 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: Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2022. 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.

F8: 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.