Form 8-K

 

 

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

Date of Report (Date of earliest event reported): January 17, 2013

 

 

INTUIT INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   000-21180   77-0034661

(State or other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(I.R.S. Employer

Identification No.)

2700 Coast Avenue

Mountain View, CA 94043

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (650) 944-6000

 

 

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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

Intuit’s Annual Meeting of Stockholders was held on January 17, 2013. At the meeting, stockholders:

 

  1. Elected nine persons to serve as directors of Intuit;

 

  2. Ratified the selection of Ernst & Young LLP to serve as the independent registered public accounting firm for fiscal year ended July 31, 2013;

 

  3. Approved the non-binding advisory resolution on executive compensation; and

 

  4. Approved the material terms of the performance goals under the Intuit Inc. Senior Executive Incentive Plan.

Set forth below, with respect to each such matter, are the number of votes cast for or against, the number of abstentions and the number of broker non-votes.

 

  1. Election of Directors.

 

Nominee

   

For

     

Against

     

Abstain

     

Broker Non-Votes

  

Christopher W. Brody

      241,066,571         9,716,484         126,811         18,037,619   

William V. Campbell

      238,303,196         12,438,031         168,639         18,037,619   

Scott D. Cook

      239,759,508         11,025,668         124,690         18,037,619   

Diane B. Greene

      248,472,721         2,315,108         122,037         18,037,619   

Edward A. Kangas

      242,476,822         8,307,748         125,296         18,037,619   

Suzanne Nora Johnson

      247,949,650         2,838,228         121,988         18,037,619   

Dennis D. Powell

      248,442,602         2,342,637         124,627         18,037,619   

Brad D. Smith

      246,561,971         4,224,099         123,796         18,037,619   

Jeff Weiner

      248,550,161         2,233,865         125,840         18,037,619   

 

  2. Ratification of selection of Ernst & Young LLP to serve as independent registered public accounting firm for the fiscal year ended July 31, 2013.

 

For

   

Against

   

Abstain

   

Broker Non-Votes

266,199,988

    2,565,853    181,644   

 

  3. Advisory vote to approve executive compensation.

 

For

   

Against

   

Abstain

   

Broker Non-Votes

230,648,354

    19,770,995    490,517    18,037,619

 

  4. Approval of the material terms of the performance goals under the Intuit Inc. Senior Executive Incentive Plan.

 

For

   

Against

   

Abstain

   

Broker Non-Votes

245,398,720

    5,300,301    210,845    18,037,619

 

ITEM 8.01 OTHER EVENTS

In December 2012, Brad D. Smith, Chief Executive Officer, President and board member of Intuit Inc., adopted a stock trading plan related to the exercise and sale of up to 100,000 shares of Intuit common stock issuable under options granted in July 2006. Subject to the terms and conditions of this plan, a brokerage firm may periodically exercise Mr. Smith’s stock options and sell the issued shares at predetermined minimum prices before the options expire in July 2013.

This plan is intended to satisfy the requirements of Rule 10b5-1 of the Exchange Act and was adopted in accordance with Intuit’s policies regarding securities transactions. Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company stock.

Transactions under this plan will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission, to the extent required by law.

In December 2012, Scott D. Cook, founder and board member of Intuit Inc., contributed 160,000 shares of Intuit common stock, on behalf of his family trust, to the Valhalla Charitable Foundation. The Valhalla Charitable Foundation adopted a stock trading plan in January 2013 to sell up to all 160,000 such shares between February 2013 and December 2013 provided certain limit prices are reached.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: January 23, 2013   INTUIT INC.
    By:  

/s/ Laura A. Fennell

         Laura A. Fennell
   

     Senior Vice President, General Counsel and

     Corporate Secretary