UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
February 27, 2007
Date of report (Date of earliest event reported)
INTUIT INC.
(Exact Name of Registrant as Specified in its Charter)
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Delaware
(State or other Jurisdiction
of Incorporation)
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000-21180
(Commission File Number)
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77-0034661
(I.R.S. Employer
Identification No.) |
2700 Coast Avenue
Mountain View, CA 94043
(Address of Principal Executive Offices, including zip code)
(650) 944-6000
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c)) |
TABLE OF CONTENTS
ITEM 5.02. DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF
CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
(e) On February 27, 2007, Intuit Inc. (“Intuit”) entered into a Share Repurchase Agreement (the
“Agreement”) with Stephen M. Bennett, Intuit’s President and Chief Executive Officer, pursuant
to which Intuit repurchased 5,362 shares of Intuit Common Stock (the “Shares”) from Mr.
Bennett at a price of $29.48 per share (which was the closing price per share of Intuit Common
Stock on The Nasdaq Stock Market on February 27, 2007), for an aggregate repurchase price of
$158,071.76. The entire repurchase price was remitted to federal and state taxing authorities to
satisfy Mr. Bennett’s federal, state and Medicare tax withholding obligations resulting from the
vesting of 15,000 shares of Intuit Common Stock under his January 2000 new-hire restricted stock
awards.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
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Exhibit Title or Description |
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10.01 |
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Share Repurchase Agreement between Intuit and Stephen M.
Bennett, dated February 27, 2007 |