SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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1. Name and Address of Reporting Person*
Tessel Marianna

(Last) (First) (Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/01/2019
3. Issuer Name and Ticker or Trading Symbol
INTUIT INC [ INTU ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Technology Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 606 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (1) 06/08/2024 Common Stock 8,722 $140.21 D
Non-Qualified Stock Option (right to buy) (2) 07/25/2025 Common Stock 7,385 $216.64 D
Non-Qualified Stock Option (right to buy) (3) 07/24/2026 Common Stock 34,329 $281.6 D
Restricted Stock Unit 06/09/2020(4) (5) Common Stock 7,726 (6) D
Restricted Stock Unit (7) (5) Common Stock 1,298 (6) D
Restricted Stock Unit (8) (5) Common Stock 6,428 (6) D
Restricted Stock Unit (9) (5) Common Stock 7,991 (6) D
Restricted Stock Unit (MSPP Purchased Award) 08/10/2018(4) (5) Common Stock 271 (6) D
Restricted Stock Unit (MSPP Matching Award) 08/10/2021(4) (5) Common Stock 271 (6) D
Restricted Stock Unit (performance-based vesting) (10) (5) Common Stock 3,745 (6) D
Restricted Stock Unit (performance-based vesting) (11) (5) Common Stock 3,445 (6) D
Restricted Stock Unit (performance-based vesting) (12) (5) Common Stock 16,130 (6) D
Explanation of Responses:
1. One third of the 20,930 options granted on 6/9/2017 vested on 6/9/2018 and thereafter 2.778% of the options vest monthly such that the award is fully vested on the third anniversary of the grant date.
2. 25% of the 7,385 options granted on 7/26/2018 vested on 7/26/2019 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until the award is fully vested.
3. 25% of the 34,329 options granted on 7/25/2019 will vest on 7/25/2020 and thereafter 2 1/12% of the options vest on each monthly anniversary of the first vesting date until the award is fully vested.
4. Represents vesting date for restricted stock units.
5. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.
6. 1-for-1
7. 25% of the 1,730 awarded restricted stock units vested on 7/1/2019 and thereafter for the next 3 years 6.25% vest on the following October 1, December 31, April 1, and July 1.
8. 25% of the 6,428 awarded restricted stock units will vest on 2/1/2020 and thereafter for the next 3 years 6.25% vest on the following May 1, August 1, November 1, and February 1.
9. Provided that a predetermined one year operating goal threshold is achieved, 25% of the 7,991 awarded restricted stock units will vest on 7/1/2020 and thereafter for the next 3 years 6.25% vest on the following October 1, December 31, April 1, and July 1.
10. 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 9/1/2020. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.
11. 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 9/1/2021. Vested restricted stock units will be paid in an equal number of shares of Intuit Inc. common stock.
12. 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.
Remarks:
/s/ Tyler Cozzens, by power-of-attorney 08/09/2019
** 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 5 (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.
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