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INTUIT INC. — Director's Dealing 2021
Aug 3, 2021
29790_dirs_2021-08-02_1f76c8dc-0e61-400a-9fa3-82a776813eab.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: 2021-07-29
Reporting Person: Johnson Gregory N (EVP, Consumer Group)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-29 | Non-Qualified Stock Option (right to buy) | $525.51 | A | 22512 | Acquired | 2028-07-28 | Common Stock (22512) | Direct |
| 2021-07-29 | Restricted Stock Unit | $ | A | 5234 | Acquired | Common Stock (5234) | Direct | |
| 2021-07-29 | Restricted Stock Unit - performance based vesting | $ | A | 10286 | Acquired | Common Stock (10286) | Direct |
Footnotes
F1: Represents first vesting date for this stock option grant. 25% of the stock options granted will vest on 7/29/2022 and thereafter 2 1/12% of the stock options will vest on each monthly anniversary such that the grant is fully vested on the 4th anniversary of the grant date.
F2: Dividend equivalent 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: Repesents first vesting date for these restricted stock units. 25% of the restricted stock units will vest on 7/1/2022; thereafter 6.25% of the restricted stock units will vest on each of October 1, December 31, April 1, and July 1 following the first vest date 7/1/2022, until the award is fully vested.
F5: Restricted stock units do not expire; they either vest or are canceled prior to vesting 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 9/1/2024. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.
F7: Represents vesting date for restricted stock units - performance based vesting.