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INTUIT INC. Director's Dealing 2019

Dec 16, 2019

29790_dirs_2019-12-16_a54f4368-7301-491b-9f00-10e7099f9bcf.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: McLean Kerry J (SVP, Gen. Counsel & Corp. Sec.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-12-12 Common Stock M 23 Acquired 4758 Direct
2019-12-12 Common Stock M 163 Acquired 4921 Direct
2019-12-12 Common Stock M 39 Acquired 4960 Direct
2019-12-12 Common Stock M 7 Acquired 4967 Direct
2019-12-12 Common Stock M 4 Acquired 4971 Direct
2019-12-12 Common Stock M 1 Acquired 4972 Direct
2019-12-12 Common Stock F 237 $252.75 Disposed 4735 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-12-12 Restricted Stock Unit $ M 23 Disposed Common Stock (23) Direct
2019-12-12 Restricted Stock Unit - performance-based vesting $ M 163 Disposed Common Stock (163) Direct
2019-12-12 Restricted Stock Unit - performance-based vesting $ M 39 Disposed Common Stock (39) Direct
2019-12-12 Restricted Stock Unit (MSPP Matching Award) $ M 7 Disposed Common Stock (7) Direct
2019-12-12 Restricted Stock Unit (MSPP Matching Award) $ M 4 Disposed Common Stock (4) Direct
2019-12-12 Restricted Stock Unit (MSPP Matching Award) $ M 1 Disposed Common Stock (1) Direct

Footnotes

F1: 1-for-1

F2: One third of the 3,636 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: 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 9/1/2021. 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.

F6: 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.

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.