SC 13G: Schedule filed to report acquisition of beneficial ownership of 5% or more of a class of equity securities by passive investors and certain institutions
Published on February 14, 2006
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. 1)*
Intuit, Inc.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
461202103
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(CUSIP Number)
December 31, 2005
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[_] Rule 13d-1(c)
[_] Rule 13d-1(d)
__________________
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, SEE the
NOTES).
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CUSIP NO. 461202103 SCHEDULE 13G PAGE 2 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
General Electric Pension Trust
I.R.S. # 14-6015763
- ----- --------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
- ----- --------------------------------------------------------------------------
3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of New York
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5. SOLE VOTING POWER
None
NUMBER OF ----- -------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,949,784
EACH ----- -------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH None
----- -------------------------------------------------
8. SHARED DISPOSITIVE POWER
2,949,784
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,949,784
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
- ----- --------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.67% (7.07% if aggregated with the shares beneficially owned by the other
Reporting Persons (as defined in the Introductory Note))**
- ----- --------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
EP
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
** This percentage is based on 176,945,929 shares of Common Stock outstanding
as of November 30, 2005, as set forth in the Issuer's Form 10-Q for the
quarterly period ended October 31, 2005.
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CUSIP NO. 461202103 SCHEDULE 13G PAGE 3 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
GE Asset Management Incorporated, as Investment Manager of GEPT (as
defined below) and as Investment Adviser to certain other entities and
accounts
I.R.S. #06-1238874
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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5. SOLE VOTING POWER
9,553,006
NUMBER OF ----- -------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 2,949,784
EACH ----- -------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH 9,553,006
----- -------------------------------------------------
8. SHARED DISPOSITIVE POWER
2,949,784
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,502,790
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.07%**
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12. TYPE OF REPORTING PERSON*
IA, CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
** This percentage is based on 176,945,929 shares of Common Stock outstanding
as of November 30, 2005, as set forth in the Issuer's Form 10-Q for the
quarterly period ended October 31, 2005.
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CUSIP NO. 461202103 SCHEDULE 13G PAGE 4 OF 9 PAGES
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1. NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY).
General Electric Company
I.R.S. #14-0689340
- ----- --------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [X]
- ----- --------------------------------------------------------------------------
3. SEC USE ONLY
- ----- --------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of New York
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5. SOLE VOTING POWER
None
NUMBER OF ----- -------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY Disclaimed (see 9 below)
EACH ----- -------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH None
----- -------------------------------------------------
8. SHARED DISPOSITIVE POWER
Disclaimed (see 9 below)
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Beneficial ownership of all shares disclaimed by General Electric Company
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
Disclaimed (see 9 above)
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Not Applicable (see 9 above)
- ----- --------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
INTRODUCTORY NOTE: This Statement on Schedule 13G is filed on behalf of General
Electric Company, a New York corporation ("GE"), GE Asset Management
Incorporated, a Delaware corporation and a wholly owned subsidiary of GE
("GEAM"), and General Electric Pension Trust, a New York common law trust
("GEPT") (the "Schedule 13G"). GEAM is a registered investment adviser and acts
as Investment Manager of GEPT and as Investment Adviser to certain other
entities and accounts. GEAM may be deemed to be the beneficial owner of
2,949,784 shares of Common Stock of Intuit Inc. (the "Issuer") owned by GEPT and
of 9,553,006 shares of Common Stock of the Issuer owned by such other entities
and accounts. GEAM and GEPT each expressly disclaim that they are members of a
"group." GE disclaims beneficial ownership of all shares and expressly disclaims
that it is a member of a "group."
Item 1(a) Name of Issuer
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Intuit Inc.
Item 1(b) Address of Issuer's Principal Executive Office
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2700 Coast Avenue
Mountain View, CA 94043
Item 2(a) Name of Person Filing
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General Electric Pension Trust
GE Asset Management Incorporated as Investment Manager of GEPT and
as Investment Adviser to certain entities and accounts
General Electric Company
Item 2(b) Address of Principal Business Office or, if none, Residence
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The address of the principal offices of GEPT and GEAM is 3001
Summer Street, Stamford, Connecticut 06905. The address of the
principal offices of General Electric Company is 3135 Easton
Turnpike, Fairfield, Connecticut 06431.
Item 2(c) Citizenship
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General Electric Pension Trust - New York common law trust
GE Asset Management Incorporated - Delaware corporation
General Electric Company - New York corporation
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Item 2(d) Title of Class of Securities
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Common Stock
Item 2(e) CUSIP Number
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461202103
Item 3 If this statement is filed pursuant to ss.ss.240.13d-1(b) or
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240.13-2(b) or (c), check whether the person filing is a:
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(a) [ ] Broker or Dealer registered under Section 15 of the Act
(15 U.S.C.78o)
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15
U.S.C.78c)
(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Act (15 U.S.C.78c)
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940 (U.S.C.80a-8)
(e) [ ] An Investment Adviser in accordance with
ss.240.13-1(b)(1)(ii)(E)
(f) [ ] An Employee Benefit Plan or Endowment Fund in accordance
with ss.240.13d- 1(b)(1)(ii)(F)
(g) [ ] A Parent Holding Company or Control Person in accordance
with ss.240.13d- 1(b)(1)(ii)G)
(h) [ ] A Savings Association as defined in Section 3(b) of the
federal Deposit Insurance Act (U.S.C. 1813)
(i) [ ] A Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80a-3)
(j) [X] Group, in accordance with ss.240.13d-1(b)(1)(ii)(J)
Item 4 Ownership
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Item 5 Ownership of Five Percent or Less of a Class
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If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following:
[_]
Item 6 Ownership of More than Five Percent on Behalf of Another Person
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Not Applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
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the Security Being Reported on by the Parent Holding Company
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Not Applicable
Item 8 Identification and Classification of Members of the Group
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See Introductory Note above
Item 9 Notice of Dissolution of Group
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Not Applicable
Item 10 Certification
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By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired and
are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 14, 2006
GENERAL ELECTRIC PENSION TRUST
By: GE Asset Management Incorporated,
its Investment Manager
By: /s/ Michael M. Pastore
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Name: Michael M. Pastore
Title: Vice President
GE ASSET MANAGEMENT INCORPORATED
By: /s/ Michael M. Pastore
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Name: Michael M. Pastore
Title: Vice President
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers
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Name: John H. Myers
Title: Vice President
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SCHEDULE I
JOINT FILING AGREEMENT
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This will confirm the agreement by and between all the undersigned that the
Schedule 13G on or about this date and any amendments thereto with respect to
the beneficial ownership by the undersigned of shares of the Common Stock of
Intuit Inc. is being filed on behalf of each of the undersigned.
Dated: February 14, 2006
GENERAL ELECTRIC PENSION TRUST
By: GE Asset Management Incorporated,
its Investment Manager
By: /s/ Michael M. Pastore
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Name: Michael M. Pastore
Title: Vice President
GE ASSET MANAGEMENT INCORPORATED
By: /s/ Michael M. Pastore
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Name: Michael M. Pastore
Title: Vice President
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers
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Name: John H. Myers
Title: Vice President
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