0001062993-23-017890.txt : 20230911
0001062993-23-017890.hdr.sgml : 20230911
20230911143505
ACCESSION NUMBER: 0001062993-23-017890
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230905
FILED AS OF DATE: 20230911
DATE AS OF CHANGE: 20230911
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Balazs Alex G.
CENTRAL INDEX KEY: 0001992041
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21180
FILM NUMBER: 231247518
MAIL ADDRESS:
STREET 1: C/O INTUIT INC.
STREET 2: 2700 COAST AVE
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: INTUIT INC.
CENTRAL INDEX KEY: 0000896878
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 770034661
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0731
BUSINESS ADDRESS:
STREET 1: 2700 COAST AVENUE
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
BUSINESS PHONE: 650-944-6000
MAIL ADDRESS:
STREET 1: P.O. BOX 7850
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94039-7850
FORMER COMPANY:
FORMER CONFORMED NAME: INTUIT INC
DATE OF NAME CHANGE: 19930204
3
1
form3.xml
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
X0206
3
2023-09-05
0
0000896878
INTUIT INC.
INTU
0001992041
Balazs Alex G.
C/O INTUIT INC.
2700 COAST AVENUE
MOUNTAIN VIEW
CA
94043
0
1
0
0
EVP, Chief Technology Officer
Common Stock
6063.478
D
Non-Qualified Stock Options (right to buy)
216.64
2025-07-25
Common Stock
1436
D
Non-Qualified Stock Options (right to buy)
281.60
2026-07-24
Common Stock
207
D
Non-Qualified Stock Options (right to buy)
303.94
2027-07-29
Common Stock
6680
D
Non-Qualified Stock Options (right to buy)
525.51
2028-07-28
Common Stock
6140
D
Non-Qualified Stock Options (right to buy)
448.59
2029-07-27
Common Stock
10969
D
Non-Qualified Stock Options (right to buy)
496.53
2030-07-26
Common Stock
11923
D
Restricted Stock Units (performance-based vesting)
2024-09-01
Common Stock
2806
D
Restricted Stock Units (performance-based vesting)
2025-09-01
Common Stock
6366
D
Restricted Stock Units (performance-based vesting)
2026-09-01
Common Stock
6993
D
Restricted Stock Units
Common Stock
168
D
Restricted Stock Units
Common Stock
412
D
Restricted Stock Units
Common Stock
714
D
Restricted Stock Units
Common Stock
2508
D
Restricted Stock Units
Common Stock
3525
D
25% of the 4,923 options granted on 7/26/2018 vested on 7/26/2019 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until 100% vested.
25% of the 4,959 options granted on 7/25/2019 vested on 7/25/2020 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until 100% vested.
25% of the 6,680 options granted on 7/30/2020 vested on 7/30/2021 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until 100% vested.
25% of the 6,140 options granted on 7/29/2021 vested on 7/29/2022 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until 100% vested.
25% of the 10,969 options granted on 7/28/2022 vested on 7/28/2023 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until 100% vested.
25% of the 11,923 options granted on 7/27/2023 will vest on 7/27/2024 and thereafter 2 1/12% of the options will vest on each monthly anniversary of the first vesting date until 100% vested.
Represents vesting date for Restricted Stock Units (performance-based vesting).
Restricted Stock Units do not expire; they either vest or are canceled prior to vesting date.
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 9/1/2024. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock.
1-for-1
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 9/1/2025. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock.
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 9/1/2026. Vested Restricted Stock Units will be paid in an equal number of shares of Intuit Inc. common stock.
25% of the 1,343 restricted stock units granted on 3/16/2020 vested on March 1, 2021 and thereafter 6.25% of the restricted stock units vest on each June 1, September 1, December 1, and March 1 until the award is fully vested.
25% of the 1,646 restricted stock units granted on 7/30/2020 vested on July 1, 2021 and thereafter 6.25% of the restricted stock units will vest on each October 1, December 31, April 1, and July 1 until the award is fully vested.
25% of the1,428 restricted stock units granted on 7/29/2021 vested on July 1, 2022 and thereafter 6.25% of the restricted stock units will vest on each October 1, December 31, April 1, and July 1 until the award is fully vested.
25% of the 3,344restricted stock units granted on 7/28/2022 vested on July 1, 2023 and thereafter 6.25% of the restricted stock units will vest on each October 1, December 31, April 1, and July 1 until the award is fully vested.
25% of the 3,525 restricted stock units granted on 7/27/2023 will vest on July 1, 2024 and thereafter 6.25% of the restricted stock units will vest on each October 1, December 31, April 1, and July 1 until the award is fully vested.
/s/ Stacey Doynow, by power-of-attorney
2023-09-08
EX-24
2
exhibit24.txt
POWER OF ATTORNEY DOCUMENT
POWER OF ATTORNEY
The undersigned hereby appoints the General Counsel of Intuit Inc.
and each of Tyler Cozzens, Stacey Doynow, and Erick Rivero,
signing singly, the undersigned's true and lawful attorney-in-fact to
(1)prepare, execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission
(the "SEC") a Form ID, including amendments thereto, and any other
documents necessary or appropriate to obtain codes and passwords
enabling the undersigned to make electronic filings with the SEC of
reports required by Section 16(a) of the Securities Exchange Act of
1934 (the "Exchange Act") or any rule or regulation of the SEC;
(2) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of Intuit Inc. (the "Company"),
Forms 3,4, and 5 in accordance with Section 16(a) of the Exchange Act
and the rules thereunder;
(3) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form
3, 4, and 5, complete and execute any amendment or amendments thereto,
and timely file such form with the SEC and any stock exchange or
similar authority;and
(4) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be
of benefit to, in the best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney-in-fact on behalf of the undersigned pursuant to this Power
of Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.
the undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the
exercise of any rights and powers herein granted, as fully to all
intents and purposes as the udnersigned might or could do if
personally present with full power of substitution or revocation,
herevy ratifying and confirming al that such attorney-in-fact,
or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of
Attorney and the rights and powers herein granted. The undersigned
acknowledges that the foregoing attorneys-in-fact, in serving in
such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities
to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4,
or 5 with respect to the undersigned's holdings of and transactions
in securities issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the Company's General
Counsel. Should a named attorney-in-fact terminate employment with
the Company, this Power of Attorney shall be deemed revoked singly
with respect to such departing attorney-in-fact and shall remain in
full force and effect with respect to each of the foregoing
attorneys-in-fact then employed by the Company until terminated
pursuant to the preceding sentence.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of this 23rd day of August, 2023.
/s/ Alex G. Balazs
Name: Alex G. Balazs