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INTU Intuit Inc

637.00
10.61 (1.69%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intuit Inc NASDAQ:INTU NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.61 1.69% 637.00 636.90 640.00 640.13 626.59 627.07 1,192,493 00:58:01

Statement of Changes in Beneficial Ownership (4)

27/07/2015 11:05pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SMITH BRAD D
2. Issuer Name and Ticker or Trading Symbol

INTUIT INC [ INTU ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO, President & Board member
(Last)          (First)          (Middle)

C/O INTUIT INC., 2700 COAST AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

7/23/2015
(Street)

MOUNTAIN VIEW, CA 94043
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   $107.25   7/23/2015     A      163061         (1) 7/22/2022   Common Stock   163061   $0   163061   D  
 
Restricted Stock Unit   (2)   (3) 7/23/2015     A      29603         (4)   (5) Common Stock   29603   $0   29603   D  
 
Restricted Stock Unit (performance-based vesting)   (2)   (3) 7/23/2015     A      66600   (6)        (6)   (5) Common Stock   66600   $0   66600   D  
 

Explanation of Responses:
( 1)  One third of the options vest on 7/23/2016; thereafter, 2.778% of the options vest on the 23rd of each of the following 24 months.
( 2)  Dividend rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares.
( 3)  1-for-1
( 4)  One third of the Restricted Stock Units vest on each of 7/1/2016, 7/1/2017, and 7/1/2018. This award is subject to deferred release.
( 5)  This award is subject to deferred release. The vested restricted stock units have a release date one year from each date of vesting. Restricted Stock Units have no expiration date; they either vest or are canceled prior to vest date.
( 6)  The target number of units subject to the award is presented in the table; the number that vest may be 0% - 200% of this number ("awarded units"), depending upon performance. Following the achievement by the issuer of certain total shareholder return objectives, the awarded units will vest on 9/1/2018. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock. This award is subject to deferred release.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SMITH BRAD D
C/O INTUIT INC.
2700 COAST AVENUE
MOUNTAIN VIEW, CA 94043
X
CEO, President & Board member

Signatures
/s/ Kerry McLean, by power-of-attorney 7/27/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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