SCHAR MARK F 4
4 · INTUIT INC · Filed Jan 3, 2006
Insider Transaction Report
Form 4
INTUIT INCINTU
SCHAR MARK F
SVP & Chief Marketing Officer
Transactions
- Purchase
Common Stock
2006-01-03$54.25/sh+1,000$54,250→ 1,000 total - Award
Executive Stock Ownership Program Matching Unit
2006-01-03+500→ 500 total→ Common Stock (500 underlying)
Footnotes (5)
- [F1]Restricted Stock Unit
- [F2]One-for-one
- [F3]Restricted Stock Unit settles in stock only and automatically vests 4 years from date of grant if reporting person is continuously employed by issuer through the vesting date; vesting may be accelerated if reporting person is terminated prior to vesting date.
- [F4]Subject to the requirements of Internal Revenue Code Section 409A, reporting person may elect to defer issuance of stock under Restricted Stock Unit to a date not later than the first day of the fiscal year following termination of employment with the issuer.
- [F5]Reporting person was awarded the Restricted Stock Unit in connection with a mandatory stock ownership program.