SEC Form 4 · accession 0000896878-17-000036
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Flournoy
Officer — VP, Chief Accounting Officer
Period of report
Mar 2, 2017
Accepted (ET)
Mar 3, 2017 · 6:15 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 | Mar 2, 2017 | M | 694 | $72.72 | A | 787 | D | |
| Common Stock | Mar 2, 2017 | M | 2,905 | $82.59 | A | 3,692 | D | |
| Common Stock | Mar 2, 2017 | M | 4,959 | $107.25 | A | 8,651 | D | |
| Common StockF1 | Mar 2, 2017 | S | 8,558 | $125.2373 | D | 93 | D | |
| Common Stock | Mar 2, 2017 | S | 93 | $125.2728 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $72.72 | Mar 2, 2017 | M | 694 | D | Jan 27, 2017 | Feb 10, 2021 | Common Stock | 694 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $82.59 | Mar 2, 2017 | M | 2,905 | D | — | Jul 23, 2021 | Common Stock | 2,905 | 1,614 | D |
| Non-Qualified Stock Option (right to buy)F4 | $107.25 | Mar 2, 2017 | M | 4,959 | D | — | Jul 22, 2022 | Common Stock | 4,959 | 4,439 | D |
Explanation of responses
- F1This transaction was executed in multiple trades ranging from $125.21 to $125.29. 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.
- F2Represents the date the stock options awarded under this grant were fully vested.
- F3One third of the 11,619 stock options awarded under this grant vested on 7/24/2015 and thereafter 2.778% of the options vest on the 24th of each of the following 24 months.
- F4One third of the 9,398 stock options awarded under this grant vested on 7/23/2016 and thereafter 2.778% of the options vest on the 23rd of each of the following 24 months.