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INTUIT INC. — Director's Dealing 2022
Aug 1, 2022
29790_dirs_2022-08-01_16c52d69-5dd9-4c15-b914-b481a8407814.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: 2022-07-28
Reporting Person: Tessel Marianna (EVP, Chief Technology Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-28 | Non-Qualified Stock Option (right to buy) | $448.59 | A | 22851 | Acquired | 2029-07-27 | Common Stock (22851) | Direct |
| 2022-07-28 | Restricted Stock Unit | $ | A | 6967 | Acquired | Common Stock (6967) | Direct | |
| 2022-07-28 | Restricted Stock Unit(performance-based vesting) | $ | A | 13261 | Acquired | Common Stock (13261) | Direct |
Footnotes
F1: 25% of the stock options granted will vest on 7/28/2023 and thereafter 2 1/2% of the stock options will vest on each monthly anniversary.
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: 25% of the Restricted Stock Units will vest on 7/1/2023; 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, 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 9/1/2025. 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).