SEC Form 4 · accession 0000896878-18-000224
INTUIT INC. · INTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura A Fennell
Officer — EVP, People and Places
Period of report
Dec 14, 2018
Accepted (ET)
Dec 18, 2018 · 3:46 pm EST
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 | Dec 14, 2018 | M | 56 | $0.00 | A | 44,222 | D | |
| Common Stock | Dec 14, 2018 | M | 65 | $0.00 | A | 44,287 | D | |
| Common Stock | Dec 14, 2018 | M | 479 | $0.00 | A | 44,766 | D | |
| Common Stock | Dec 14, 2018 | M | 451 | $0.00 | A | 45,217 | D | |
| Common Stock | Dec 14, 2018 | M | 86 | $0.00 | A | 45,303 | D | |
| Common Stock | Dec 14, 2018 | M | 18 | $0.00 | A | 45,321 | D | |
| Common Stock | Dec 14, 2018 | M | 10 | $0.00 | A | 45,331 | D | |
| Common Stock | Dec 14, 2018 | M | 3 | $0.00 | A | 45,334 | D | |
| Common Stock | Dec 14, 2018 | F | 1,168 | $200.93 | D | 44,166 | 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,F3 | — | Dec 14, 2018 | M | 56 | D | — | — | Common Stock | 56 | 2,888 | D |
| Restricted Stock UnitF1,F4,F3 | — | Dec 14, 2018 | M | 65 | D | — | — | Common Stock | 65 | 6,707 | D |
| Restricted Stock Unit (performance-based vesting_F6,F1,F5,F3 | — | Dec 14, 2018 | M | 479 | D | — | — | Common Stock | 479 | 17,122 | D |
| Restricted Stock Unit (performance-based vesting)F6,F1,F7,F3 | — | Dec 14, 2018 | M | 451 | D | — | — | Common Stock | 451 | 20,005 | D |
| Restricted Stock Unit (performance-based vesting)F6,F1,F8,F3 | — | Dec 14, 2018 | M | 86 | D | — | — | Common Stock | 86 | 13,697 | D |
| Restricted Stock Unit (MSPP Matching Award)F1,F9,F3 | — | Dec 14, 2018 | M | 18 | D | Aug 12, 2019 | — | Common Stock | 18 | 897 | D |
| Restricted Stock Unit (MSPP Matching Award)F1,F9,F3 | — | Dec 14, 2018 | M | 10 | D | Aug 11, 2020 | — | Common Stock | 10 | 562 | D |
| Restricted Stock Unit (MSPP Matching Award)F1,F9,F3 | — | Dec 14, 2018 | M | 3 | D | Aug 10, 2021 | — | Common Stock | 3 | 506 | D |
Explanation of responses
- F11-for-1
- F2One third of the 8,834 awarded Restricted Stock Units vest on each of 7/1/2017, 7/1/2018, and 7/1/2019. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
- F3Restricted Stock Units have no expiration date; they either vest or are canceled prior to vesting date.
- F4One third of the 10,158 awarded Restricted Stock Units vest on each of 7/1/2018, 7/1/2019, and 7/1/2020. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
- F5Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2019. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
- F6Represents target number of units subject to the award; the number that vest may be 0% - 200% of this number, depending upon performance.
- F7Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2020. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
- F8Following achievement by the issuer of certain total shareholder return objectives, awarded units will vest on 9/1/2021. The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.
- F9Represents vesting and settlement date for Restricted Stock Units (MSPP Matching Award). The issuer has accelerated vesting and issuance of this portion of the award to accommodate forfeiture of shares related to employment tax withholding obligations of the reporting person arising in connection with retirement eligibility.