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INTUIT INC. — Director's Dealing 2023
Dec 12, 2023
29790_dirs_2023-12-12_594639d3-8dc7-4272-8f71-d61269bb55ed.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: 2023-12-08
Reporting Person: McLean Kerry J (EVP, Gen. Counsel & Corp.Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-08 | Common Stock | M | 75 | — | Acquired | 22443.8936 | Direct |
| 2023-12-08 | Common Stock | M | 102 | — | Acquired | 22545.8936 | Direct |
| 2023-12-08 | Common Stock | M | 47 | — | Acquired | 22592.8936 | Direct |
| 2023-12-08 | Common Stock | M | 3 | — | Acquired | 22595.8936 | Direct |
| 2023-12-08 | Common Stock | M | 1 | — | Acquired | 22596.8936 | Direct |
| 2023-12-08 | Common Stock | F | 228 | $573.90 | Disposed | 22368.8936 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-08 | Restricted Stock Units - performance-based | $ | M | 75 | Disposed | Common Stock (75) | Direct | |
| 2023-12-08 | Restricted Stock Units - performance-based | $ | M | 102 | Disposed | Common Stock (102) | Direct | |
| 2023-12-08 | Restricted Stock Units - performance-based | $ | M | 47 | Disposed | Common Stock (47) | Direct | |
| 2023-12-08 | Restricted Stock Units (MSPP Matching Unit) | $ | M | 3 | Disposed | Common Stock (3) | Direct | |
| 2023-12-08 | Restricted Stock Units (MSPP Matching Unit) | $ | M | 1 | Disposed | Common Stock (1) | Direct |
Footnotes
F1: 1-for-1
F2: Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2024. 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 9/1/2025. 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 9/1/2026. 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.