Form: 4

Statement of changes in beneficial ownership of securities

August 2, 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*
SCLAVOS STRATTON D

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2006
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 6,000(1) I By Trust
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
Non-Qualified Stock Option (right to buy)(2) $29.92 08/01/2006 A 22,500 (3) 07/31/2013 Common Stock 22,500 (4) 22,500 D
Non-Employee Director Stock Option (right to buy) $17.135 08/01/2005 08/01/2011 Common Stock 84,000 84,000 D
Non-Employee Director Stock Option (right to buy) $20.52 08/01/2004 08/01/2012 Common Stock 45,000 45,000 D
Non-Employee Director Stock Option (right to buy) $24.12 12/12/2003 12/12/2012 Common Stock 10,000 10,000 D
Non-Employee Director Stock Option (right to buy) $21.43 08/01/2005 08/01/2013 Common Stock 30,000 30,000 D
Non-Employee Director Stock Option (right to buy) $26.0785 12/12/2004 12/12/2013 Common Stock 10,000 10,000 D
Non-Employee Director Stock Option (right to buy) $18.72 08/01/2006 07/31/2014 Common Stock 30,000 30,000 D
Non-Qualified Stock Option (right to buy) $21.7 12/12/2005 12/12/2011 Common Stock 10,000 10,000 D
Non-Employee Director Stock Option (right to buy) $23.9 (5) 07/31/2012 Common Stock 30,000 30,000 D
Non-Qualified Stock Option (right to buy) $27.7 (6) 12/12/2012 Common Stock 10,000 10,000 D
Explanation of Responses:
1. Includes 3,000 shares issued in connection with a 2-for-1 stock split on 7/6/2006.
2. Automatic grant to Non-Employee Director.
3. 50% of the options vest on August 1, 2007; thereafter 4.1666% of the options vest on each of the following 12 monthly anniversaries such that the award is fully vested on August 1, 2008.
4. Reporting person was awarded the options in connection with his service as a non-employee director.
5. 50% of the options vest on August 1, 2006; thereafter 4.1666% of the options vest on each of the following 12 monthly anniversaries such that the award is fully vested on August 1, 2007.
6. Award vests as to 8.333% of the options monthly following the date of the grant such that the options are fully vested on the one year anniversary of the date of grant.
Remarks:
Remarks: The numbers of non-derivative and derivative securities benefically owned by the reporting person have been adjusted to reflect the 2-for-1 stock split effective on July 6, 2006.
/s/ TYLER R. COZZENS, UNDER A CONFIRMING STATEMENT 08/02/2006
** 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.