SEC Form 4 · accession 0000896878-18-000052
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brad D Smith
Officer — Chairman, CEO & President · Director
Period of report
Mar 23, 2018
Accepted (ET)
Mar 26, 2018 · 5:25 pm EDT
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 StockF1 | Mar 23, 2018 | M | 493 | $0.00 | A | 289,416 | D | |
| Common Stock | Mar 23, 2018 | M | 599 | $0.00 | A | 290,015 | D | |
| Common Stock | Mar 23, 2018 | F | 1,092 | $169.87 | D | 288,923 | 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 UnitF2,F3,F4 | — | Mar 23, 2018 | M | 493 | D | — | — | Common Stock | 493 | 19,241 | D |
| Restricted Stock UnitF2,F5,F4 | — | Mar 23, 2018 | M | 599 | D | — | — | Common Stock | 599 | 35,401 | D |
Explanation of responses
- F1Includes 173 shares acquired by the reporting person on 3/15/2018 through the Intuit Inc. Employee Stock Purchase Plan.
- F21-for-1
- F3For this award granted 7/23/2015, one third of the restricted stock units vested or will vest on each of 7/1/2016, 7/1/2017, and 7/1/2018 and each tranche of vested restricted stock units is subject to deferred release for one year after the vesting date. The issuer has accelerated the issuance of this portion of the vested and unreleased restricted units under this award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with this award.
- F4Restricted stock units do not expire; they either vest or are canceled prior to vest date.
- F5For this award granted 7/21/2016, one third of the restricted stock units vested or will vest on each of 7/1/2017, 7/1/2018, and 7/1/2019 and each tranche of vested restricted stock units is subject to deferred release for one year after the vesting date. The issuer has accelerated the issuance of this portion of the vested and unreleased restricted units under this award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with this award.