Form: 4

Statement of changes in beneficial ownership of securities

September 6, 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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
BRODY CHRISTOPHER W

(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)
09/05/2006
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 09/05/2006 M 90,000 A $6 90,000 D
Common Stock 300,000(1) I By Vantage Partners Inc.(2)
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) $6 09/05/2006 M 90,000 11/25/2000 11/25/2006 Common Stock 90,000 (3) 0 D
Non-Qualified Stock Option (right to buy) $23.8438 11/27/2002 11/27/2010 Common Stock 45,000 45,000 D
Non-Qualified Stock Option (right to buy) $20.24 11/26/2003 11/26/2011 Common Stock 45,000 45,000 D
Non-Qualified Stock Option (right to buy) $19.44 01/18/2003 01/18/2012 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $19.44 01/18/2003 01/18/2012 Common Stock 10,000 20,000 D
Non-Qualified Stock Option (right to buy) $26.855 11/25/2004 11/25/2012 Common Stock 45,000 45,000 D
Non-Qualified Stock Option (right to buy) $24.145 01/17/2004 01/17/2013 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $24.145 01/17/2004 01/17/2013 Common Stock 10,000 20,000 D
Non-Qualified Stock Option (right to buy) $24.695 11/25/2005 11/25/2013 Common Stock 30,000 30,000 D
Non-Qualified Stock Option (right to buy) $24.96 01/16/2005 01/15/2014 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $24.96 01/16/2005 01/15/2014 Common Stock 10,000 20,000 D
Non-Qualified Stock Option (right to buy) $21.61 (4) 12/09/2011 Common Stock 30,000 30,000 D
Non-Qualified Stock Option (right to buy) $19.515 01/18/2006 01/18/2012 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $19.515 01/18/2006 01/18/2012 Common Stock 10,000 20,000 D
Non-Qualified Stock Option (right to buy) $26.91 (5) 11/25/2012 Common Stock 30,000 30,000 D
Non-Qualified Stock Option $26.26 (6) 01/18/2013 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $26.26 (6) 01/18/2013 Common Stock 10,000 20,000 D
Non-Qualified Stock Option (right to buy) $4.551 11/25/2001 11/25/2007 Common Stock 45,000 45,000 D
Non-Qualified Stock Option (right to buy) $9.75 11/25/2002 11/25/2008 Common Stock 45,000 45,000 D
Non-Qualified Stock Option (right to buy) $29.4375 11/26/1999 11/26/2009 Common Stock 15,000 15,000 D
Non-Qualified Stock Option (right to buy) $25 11/30/2001 11/30/2009 Common Stock 30,000 30,000 D
Explanation of Responses:
1. Includes 150,000 shares issued in connection with a 2-for-1 stock split on 7/6/2006.
2. Represents shares held by Vantage Partners Inc., of which the reporting person is chairman and a stockholder.
3. Reporting person was awarded the options in connection with his service as a non-employee director.
4. 50% of the options vested on 12/9/2005; thereafter 4.1666% of the options vest monthly such that the award will fully vest on 12/9/2006.
5. 50% of the options will vest on 11/25/2006; thereafter 4.1666% of the options vest monthly such that the award will fully vest on 11/25/2007.
6. Option vests 8.333% each month following the date of grant until fully vested on the first anniversary of the date of grant.
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/ Tyler Cozzens, under a Confirming Statement 09/06/2006
** 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.