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*
Krishna Varun

(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)
05/31/2022
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, Consumer Group
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 509 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) 07/24/2026 Common Stock 3,636 $281.6 D
Non-Qualified Stock Option (right to buy) (2) 07/29/2027 Common Stock 5,010 $303.94 D
Non-Qualified Stock Option (right to buy) (3) 07/28/2028 Common Stock 5,117 $525.51 D
Restricted Stock Unit (performance-based vesting) (4) (5) Common Stock 2,581 (6) D
Restricted Stock Unit (performance-based vesting) (7) (5) Common Stock 2,433 (6) D
Restricted Stock Unit (performance-based vesting) (8) (5) Common Stock 2,338 (6) D
Restricted Stock Unit 07/01/2022(9) (5) Common Stock 289 (6) D
Restricted Stock Unit (10) (5) Common Stock 400 (6) D
Restricted Stock Unit (11) (5) Common Stock 694 (6) D
Restricted Stock Unit (12) (5) Common Stock 1,190 (6) D
Explanation of Responses:
1. 25% of the 5,493 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.
2. 25% of the 5,010 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.
3. 25% of the 5,117 options granted on 7/29/2021 will vest 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.
4. 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 RSUs will be paid in an equal number of shares of Intuit Inc. Common Stock.
5. Restricted Stock Units do not expire; they either vest or are canceled prior to vest date.
6. 1-for-1
7. 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 9/1/2023. Vested RSUs will be paid in an equal number of shares of Intuit Inc. Common Stock.
8. 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 RSUs will be paid in an equal number of shares of Intuit Inc. Common Stock.
9. Represents final vesting date for restricted stock units under this award.
10. 6.25% of the originally granted 1,279 restricted units will vest on each of July 1, October 1, December 31, and April 1 until the units under this award are fully vested.
11. 6.25% of the originally granted 1,234 restricted units will vest on each of July 1, October 1, December 31, and April 1 until the units under this award are fully vested.
12. 25% of these restricted stock units will vest on July 1, 2022; thereafter 6.25% of the restricted units will vest on each of October 1, December 31, April 1, and July 1 until the units under this award are fully vested.
/s/ Erick Rivero, by power-of-attorney 06/06/2022
** 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.
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 Number.