04/03/2025 | Press release | Distributed by Public on 04/03/2025 14:38
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (3) | 04/01/2025 | M | 933(4) | 04/01/2025(5) | (6) | Common Stock | 933 | $ 0 | 933 | D | ||||
Restricted Stock Units | (3) | 04/01/2025 | M | 682.471(7) | 04/01/2025(8) | (6) | Common Stock | 682.471 | $ 0 | 3,297.59 | D | ||||
Restricted Stock Units | (3) | 04/01/2025 | M | 887.563(9) | 04/01/2025(10) | (6) | Common Stock | 887.563 | $ 0 | 7,836.315 | D | ||||
Restricted Stock Units | (3) | 04/01/2025 | M | 801.737(11) | 04/01/2025(12) | (6) | Common Stock | 801.737 | $ 0 | 10,289.749 | D | ||||
Restricted Stock Units | (3) | 04/01/2025 | M | 38.451 | 04/01/2025(13) | (6) | Common Stock | 38.451 | $ 0 | 13,695.621 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Goodarzi Sasan K C/O INTUIT INC. 2700 COAST AVENUE MOUNTAIN VIEW, CA 94043 |
X | CEO, President and Director |
/s/ Erick Rivero, by power-of-attorney | 04/03/2025 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Shares held in Goodarzi Rev Trust u/a Dtd 5/18/2012 of which reporting person is a trustee. |
(2) | Fair market value of Intuit Inc. common stock on the trading day immediately preceding the date of reported transaction. |
(3) | 1-for-1 |
(4) | Represents 933 vested restricted stock units which were subject to a one year deferred release. |
(5) | Represents release date for these vested restricted stock units. |
(6) | Restricted stock units do not expire; they either vest or are canceled prior to vesting date. |
(7) | Represents 652 vested restricted stock units which were subject to a one year deferred release and 30.471 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 4/1/2025 but are subject to deferred release. |
(8) | Represents release date for 652 vested restricted stock units and vesting and release date for 30.471 restricted stock units. |
(9) | Represents 848 vested restricted stock units which were subject to a one year deferred release and 39.563 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 4/1/2025 but are subject to deferred release. |
(10) | Represents release date for 848 vested restricted stock units and vesting and release date for 39.563 restricted stock units. |
(11) | Represents 766 vested restricted stock units which were subject to a one year deferred release and 35.737 vested restricted stock units for which release was accelerated to accommodate tax withholding obligations in connection with restricted stock units which vested on 4/1/2025 but are subject to deferred release. |
(12) | Represents release date for 766 vested restricted stock units and vesting and release date for 35.737 restricted stock units. |
(13) | Represents vesting and release date for this portion of restricted stock units to accommodate tax withholding obligations in connection with vesting and deferred release of certain restricted stock units granted on 7/25/2024. |