SEC Form 4/A · accession 0000896878-17-000100
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Brad D Smith
Officer — Chairman, CEO & President · Director
Period of report
Jul 20, 2017
Accepted (ET)
Jul 25, 2017 · 7:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896878
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (performance-based vesting)F1,F3,F2,F4,F5 | — | Jul 20, 2017 | A | 53,000 | A | — | — | Common Stock | 53,000 | 53,000 | D |
Explanation of responses
- F1Dividend rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
- F21-for-1
- F3This amendment to the Form 4 filed on 7/24/2017 corrects one line which reported an incorrect number of awarded Restricted Stock Units (performance-based vesting).
- F4The 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 9/1/2020. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock. This award is subject to deferred release; the vested RSUs have a release date one year from the date of vesting.
- F5RSUs have no expiration date; they either vest or are canceled prior to the vest date.