SEC Form 4 · accession 0000896878-18-000086
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel A Wernikoff
Officer — EVP, Consumer Group
Period of report
May 29, 2018
Accepted (ET)
May 31, 2018 · 3:01 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 StockF2 | May 29, 2018 | M | 67,350 | $82.59 | A | 68,237 | D | |
| Common Stock | May 29, 2018 | M | 90,945 | $107.25 | A | 159,182 | D | |
| Common Stock | May 29, 2018 | M | 67,248 | $113.19 | A | 226,430 | D | |
| Common StockF3 | May 29, 2018 | S | 81,653 | $195.5378 | D | 144,777 | D | |
| Common StockF4 | May 29, 2018 | S | 67,507 | $196.5263 | D | 77,270 | D | |
| Common StockF5 | May 29, 2018 | S | 64,675 | $197.4202 | D | 12,595 | D | |
| Common StockF6 | May 29, 2018 | S | 11,708 | $198.0605 | D | 887 | 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)F7 | $82.59 | May 29, 2018 | M | 67,350 | D | Jul 24, 2017 | Jul 22, 2022 | Common Stock | 67,350 | 0 | D |
| Non-Qualified Stock Option (right to buy)F8 | $107.25 | May 29, 2018 | M | 90,945 | D | — | Jul 22, 2022 | Common Stock | 90,945 | 5,351 | D |
| Non-Qualified Stock Option (right to buy)F9 | $113.19 | May 29, 2018 | M | 67,248 | D | — | Jul 23, 2023 | Common Stock | 67,248 | 42,798 | D |
Explanation of responses
- F1Transaction effected pursuant to a 10b5-1 trading plan adopted by the reporting person in December 2017.
- F2Includes 99 shares acquired by the reporting person on 3/15/2018 through the Intuit Inc. Employee Stock Purchase Plan.
- F3This transaction was executed in multiple trades ranging from $194.92 to $195.90. 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.
- F4This transaction was executed in multiple trades ranging from $195.92 to $196.91. 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.
- F5This transaction was executed in multiple trades ranging from $196.92 to $197.91. 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.
- F6This transaction was executed in multiple trades ranging from $197.92 to $198.25. 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.
- F7Represents final vesting date for this award granted 7/24/2014 for 67,350 stock options.
- F8One third of the 96,296 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.
- F9One third of the 110,046 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.