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INTUIT INC. — Director's Dealing 2024
Jul 30, 2024
29790_dirs_2024-07-29_c53c976b-368b-4d77-9f2d-861c1cb1702f.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: 2024-07-25
Reporting Person: Goodarzi Sasan K (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-25 | Non-Qualified Stock Options (right to buy) | $626.32 | A | 45879 | Acquired | 2031-07-24 | Common Stock (45879) | Direct |
| 2024-07-25 | Restricted Stock Units | $ | A | 13811 | Acquired | Common Stock (13811) | Direct | |
| 2024-07-25 | Restricted Stock Units (performance-based vesting) | $ | A | 26903 | Acquired | Common Stock (26903) | Direct |
Footnotes
F1: 25% of the stock options granted will vest on 7/25/2025 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: 12.5% of the restricted stock units will vest on 12/31/2024; thereafter 6.25% of the restricted stock units will vest on each April 1, July 1, October 1, and December 31, until the award is fully vested. These securities are subject to a one year deferred issuance after vesting.
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 9/1/2027. 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). These securities are subject to a one year deferred issuance after vesting.