Accession Number: | 0000896878-19-000119 |
Date: | 2019-07-25 |
Issuer: | INTUIT INC (INTU) |
Original Submission Date: |
JOHNSON GREGORY N
C/O INTUIT INC.
2700 COAST AVENUE
MOUNTAIN VIEW, CA 94043
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 281.6 | 2019-07-25 | deemed execution date | A | 34,329 (a) | 2026-07-24 | common stock 34,329 | $281.60 | 34,329 | direct | ||
RESTRICTED STOCK UNIT | 0.0 | 2019-07-25 | deemed execution date | A | 7,991 (a) | common stock 7,991 | $0.00 | 7,991 | direct | |||
RESTRICTED STOCK UNIT (PERFORMANCE-BASED VESTING) | 0.0 | 2019-07-25 | deemed execution date | A | 16,130 (a) | common stock 16,130 | $0.00 | 16,130 | direct |
ID | footnote |
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f1 | 25% of the stock options granted will vest on 7/25/2020 and thereafter 2 1/12% of the stock options will vest on each monthly anniversary such that the grant is fully vested on the 4th anniversary of the grant date. |
f2 | dividend equivalent rights accrue on the underlying shares for this award and settle in cash upon vesting and issuance of those shares. |
f3 | 1-for-1 |
f4 | provided that a predetermined one year operating goal threshold is achieved, 25% of the restricted stock units will vest on 7/1/2020; thereafter 6.25% of the restricted stock units will vest on each of october 1, december 31, april 1, and july 1 following the first vest date 7/1/2020, until the award is fully vested. |
f5 | restricted stock units do not expire; they either vest or are canceled prior to vesting date. |
f6 | 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 9/1/2022. vested restricted stock units will be paid in an equal number of shares of intuit inc. common stock. |