SEC Form 4 · accession 0000896878-15-000002
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward A Kangas
Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896878
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 1, 2015 | M | 4,341 | $0.00 | A | 4,341 | D | |
| Common Stock | Jan 2, 2015 | M | 1,500 | $27.11 | A | 5,841 | D | |
| Common Stock | Jan 2, 2015 | M | 2,500 | $27.11 | A | 8,341 | D | |
| Common Stock | Jan 2, 2015 | M | 7,500 | $23.49 | A | 15,841 | D | |
| Common Stock | Jan 2, 2015 | S | 1,637 | $92.00 | D | 14,204 | D | |
| Common StockF1 | Jan 2, 2015 | S | 2,500 | $92.0852 | D | 11,704 | D | |
| Common StockF2 | Jan 2, 2015 | S | 7,363 | $91.2948 | D | 4,341 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4,F5 | — | Jan 1, 2015 | M | 4,341 | D | Jan 1, 2015 | — | Common Stock | 4,341 | 0 | D |
| Non-Qualified Stock Option (right to buy)F6 | $27.11 | Jan 2, 2015 | M | 1,500 | D | — | Jul 23, 2015 | Common Stock | 1,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F7 | $27.11 | Jan 2, 2015 | M | 2,500 | D | — | Jul 23, 2015 | Common Stock | 2,500 | 0 | D |
| Non-Qualified Stock Option (right to buy)F8 | $23.49 | Jan 2, 2015 | M | 7,500 | D | — | Jan 20, 2016 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $92.08 to $92.09. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2This transaction was executed in multiple trades ranging from $91.25 to $91.33. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F31-for-1
- F4Represents issuance date for vested Restricted Stock Units; reporting person voluntarily elected to defer issuance of the underlying shares.
- F5Restricted Stock Units have no expiration date; they either vest or are canceled prior to vest date.
- F68.333% of the options granted on 7/24/2008 vested monthly such that the award was fully vested on 7/24/2009.
- F750% of the options granted on 7/24/2008 vested on 7/24/2009; the remainder vested monthly such that the award was fully vested on 7/24/2010.
- F88.333% of the options vested monthly such that the award was fully vested on 1/21/2010.