Form: 4

Statement of changes in beneficial ownership of securities

July 28, 2006

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP


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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HENSKE ROBERT B

(Last) (First) (Middle)
C/O INTUIT INC.
2700 COAST AVENUE

(Street)
MOUNTAIN VIEW CA 94043

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTUIT INC [ INTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, GM Consumer Tax
3. Date of Earliest Transaction (Month/Day/Year)
07/26/2006
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9,808(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Non-Qualified Stock Option (right to buy) $31.29 07/26/2006 A 100,000 (2) 07/25/2013 Common Stock 100,000 (3) 100,000 D
Matching Unit Stock Bonus Award (4) 05/19/2007 (5) Common Stock 3,000 3,000 D
Employee Non-Qualified Stock Option (right to buy) $23.54 01/03/2006 01/03/2010 Common Stock 800,000 800,000 D
Employee Non-Qualified Stock Option (right to buy) $24.13 (6) 01/27/2010 Common Stock 90,000 90,000 D
Employee Non-Qualified Stock Option (right to buy) $18.72 (7) 07/29/2011 Common Stock 50,000 50,000 D
Employee Non-Qualified Stock Option (right to buy) $24 (8) 07/28/2012 Common Stock 120,000 120,000 D
Explanation of Responses:
1. Includes 139, 133, 149, 168, 169, 174, 174, 177, 169, 167, 143, and 142 shares acquired through the Intuit Inc. 1996 Employee Stock Purchase Plan on 9/15/03, 12/15/03, 3/15/04, 6/15/04, 9/15/04, 12/15/04, 3/15/05, 6/15/05, 9/15/05, 12/15/05, 3/15/06, and 6/15/06 respectively and 4,904 shares issued in connection with a 2-for-1 stock split on 7/6/2006.
2. 33 1/3% of the options vest on the first anniversary of the grant date; the remaining options vest 2.778% for each of the following 24 months such that the option is fully vested on the third anniversary of the grant date.
3. Reporting person was awarded the options in connection with his employment.
4. 1 for 1
5. Reporting person may elect to defer the issuance of stock under the Matching Unit Stock Bonus Award to a date after it vests.
6. 33 1/3% of the options vested on 1/27/2005; the remaining options vest 2.778% for each of the following 24 months such that the option is fully vested on 1/27/2007.
7. 33 1/3% of the options vested on 7/30/2005; the remaining options vest 2.778% for each of the following 24 months such that the option is fully vested on 7/30/2007.
8. 33 1/3% of the options vest on 7/29/2006; the remaining options vest 2.778% for each of the following 24 months such that the option is fully vested on 7/29/2008.
Remarks:
Remarks: The numbers of non-derivative and derivative securities beneficially owned by the reporting person have been adjusted to reflect the 2-for-1 stock split effective on July 6, 2006.
/s/ CHRISTINA HALL, UNDER A CONFIRMING STATEMENT 07/28/2006
** 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 4 (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.