Sec Form 4 Filing - SMITH BRAD D @ INTUIT INC - 2020-07-01

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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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)
Executive Chairman
(Last) (First) (Middle)
C/O INTUIT INC., 2700 COAST AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
07/01/2020
(Street)
MOUNTAIN VIEW, CA94043
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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
Common Stock 07/01/2020 M 11,464 A $ 0 315,321 ( 1 ) D
Common Stock 07/01/2020 M 8,506 ( 2 ) A $ 0 323,827 D
Common Stock 07/01/2020 M 4,954 ( 3 ) A $ 0 328,781 D
Common Stock 07/01/2020 M 36 A $ 0 328,817 D
Common Stock 07/01/2020 M 1,776 A $ 0 330,593 D
Common Stock 07/01/2020 F 12,352 ( 4 ) D $ 302.58 318,241 D
Common Stock 18,773 I By Charitable Trust. ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit ( 6 ) 07/01/2020 M 11,464 07/01/2020( 7 ) ( 8 ) Common Stock 11,464 $ 0 0 D
Restricted Stock Unit ( 6 ) 07/01/2020 M 8,506 07/01/2020( 9 ) ( 8 ) Common Stock 8,506 $ 0 8,279 D
Restricted Stock Unit ( 6 ) 07/01/2020 M 4,954 07/01/2020( 10 ) ( 8 ) Common Stock 4,954 $ 0 15,156 D
Restricted Stock Unit ( 6 ) 07/01/2020 M 36 07/01/2020( 11 ) ( 8 ) Common Stock 36 $ 0 12,649 D
Restricted Stock Unit ( 6 ) 07/01/2020 M 1,776 07/01/2020( 12 ) ( 8 ) Common Stock 1,776 $ 0 5,327 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SMITH BRAD D
C/O INTUIT INC.
2700 COAST AVENUE
MOUNTAIN VIEW, CA94043
X Executive Chairman
Signatures
/s/ Stacey Doynow, by power-of-attorney 07/06/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 5 shares acquired by the reporting person on 6/15/2020 through the Intuit Inc. Employee Stock Purchase Plan.
( 2 )Represents the deferred release of 8,280 vested restricted stock units and the vesting and release of an additional 226 restricted stock units to accomodate the withholding of those 226 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2021.
( 3 )Represents the deferred release of 4,896 vested restricted stock units and the vesting and release of an additional 58 restricted stock units to accomodate the withholding of those 58 shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2021.
( 4 )Represents shares withheld in connection with tax withholding obligations as follows: 11,151 shares in connection with deferred release of vested restricted stock units on 7/1/2020; 320 shares in connection with 7/1/2020 vesting of restricted stock units with deferred release date of 7/1/2021; and 881 shares in connection with restricted stock units with a vesting and release date of 7/1/2020.
( 5 )Shares are held in a charitable trust of which the reporting person is Trustee.
( 6 )1-for-1
( 7 )Represents release date for vested restricted stock units.
( 8 )Restricted stock units do not expire; they either vest or are canceled prior to vest date.
( 9 )Represents release date for 8,280 vested restricted stock units and the vesting and release date for 226 restricted stock units to accomodate the withholding of shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2021.
( 10 )Represents release date for 4,896 vested restricted stock units and the vesting and release date for 58 restricted stock units to accomodate the withholding of shares in connection with tax withholding obligations for restricted stock units with a deferred release date of 7/1/2021.
( 11 )Represents vesting and release date for restricted stock units to accomodate the withholding of shares in connection with tax withholding obligations for rest ricted stock units with a deferred release date of 7/1/2021.
( 12 )Represents vesting and release date for restricted stock units.

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).

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