SEC Form 4 · accession 0000896878-18-000104
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Brad D Smith
Officer — Chairman, CEO & President · Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 6:36 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 Stock | Jul 1, 2018 | M | 9,606 | $0.00 | A | 298,529 | D | |
| Common Stock | Jul 1, 2018 | M | 11,685 | $0.00 | A | 310,214 | D | |
| Common Stock | Jul 1, 2018 | M | 204 | $0.00 | A | 310,418 | D | |
| Common Stock | Jul 1, 2018 | F | 9,798 | $204.305 | D | 300,620 | 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 UnitF1,F2,F5 | — | Jul 1, 2018 | M | 9,606 | D | — | — | Common Stock | 9,606 | 9,635 | D |
| Restricted Stock UnitF1,F3,F5 | — | Jul 1, 2018 | M | 11,685 | D | — | — | Common Stock | 11,685 | 23,716 | D |
| Restricted Stock UnitF1,F4,F5 | — | Jul 1, 2018 | M | 204 | D | — | — | Common Stock | 204 | 25,796 | D |
Explanation of responses
- F11-for-1
- F2For this award granted 7/23/2015, one third of the restricted stock units vested on each of 7/1/2016, 7/1/2017, and 7/1/2018 with each tranche of vested restricted stock units subject to deferred release for one year after vesting date. This reported number represents the sum of unreleased RSUs vested 7/1/2017 and 232 RSUs vested 7/1/2018 for which the issuer accelerated release to accommodate forfeiture of shares related to tax withholding obligations.
- F3For this award granted 7/21/2016, one third of the restricted stock units vest on each of 7/1/2017, 7/1/2018, and 7/1/2019 with each tranche of vested restricted stock units subject to deferred release for one year after vesting date. This reported number represents the sum of unreleased RSUs vested 7/1/2017 and 282 RSUs vested 7/1/2018 for which the issuer accelerated release to accommodate forfeiture of shares related to tax withholding obligations.
- F4For this award granted 7/20/2017, one third of the restricted stock units vest on each of 7/1/2018, 7/1/2019, and 7/1/2020 with each tranche of vested restricted stock units subject to deferred release for one year after vesting date. The issuer has accelerated the issuance of this portion of the vested and unreleased RSUs to accommodate forfeiture of shares related to tax withholding obligations.
- F5Restricted stock units do not expire; they either vest or are canceled prior to vesting date.