SEC Form 4 · accession 0000896878-18-000083
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
May 24, 2018
Accepted (ET)
May 25, 2018 · 6:42 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 | May 24, 2018 | M | 1,827 | $107.25 | A | 1,888 | D | |
| Common Stock | May 24, 2018 | M | 3,625 | $113.19 | A | 5,513 | D | |
| Common StockF2 | May 24, 2018 | S | 5,452 | $197.1573 | D | 61 | D | |
| Common Stock | May 24, 2018 | S | 61 | $197.3234 | 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)F3 | $107.25 | May 24, 2018 | M | 1,827 | D | — | Jul 22, 2022 | Common Stock | 1,827 | 523 | D |
| Non-Qualified Stock Option (right to buy)F4 | $113.19 | May 24, 2018 | M | 3,625 | D | — | Jul 20, 2023 | Common Stock | 3,625 | 8,459 | D |
Explanation of responses
- F1Includes 61 shares acquired by the reporting person on 3/15/2018 through the Intuit Inc. Employee Stock Purchase Plan.
- F2This transaction was executed in multiple trades ranging from $197.05 to $197.26. 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.
- F3One third of the 9,398 options granted on 7/23/2015 vested on 7/23/2016 and thereafter 2.778% of the options vest on each monthly anniversary of that first vesting date.
- F4One third of the 21,750 options granted on 7/21/2016 vested on 7/21/2017 and thereafter 2.778% of the options vest on each monthly anniversary of that first vesting date.