1 ================================================================================ 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 JANUARY 26, 2001 (Date of Report) (Date of earliest event reported): JANUARY 24, 2001 INTUIT INC. (Exact name of registrant as specified in its charter) DELAWARE (State or other jurisdiction of incorporation) 0-21180 77-0034661 (Commission File Number) (I.R.S. Employer Identification No.) 2535 GARCIA AVENUE, MOUNTAIN VIEW, CALIFORNIA 94043 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (650) 944-6000 ================================================================================ 2 ITEM 5. OTHER EVENTS. As previously announced on November 27, 2000, Intuit Inc. ("Intuit") and its wholly-owned subsidiary, Intuit Insurance Services, Inc. ("IIS"), entered into an Asset Purchase Agreement ("Asset Agreement") pursuant to which selected assets of IIS would be sold to InsWeb Corp. ("InsWeb"). On January 24, 2001, the sale was completed. Under the terms of the Asset Agreement, Intuit acquired an equity interest in InsWeb equal to 16.6% of InsWeb's issued shares as measured on a post-closing basis. In addition, Intuit and InsWeb entered into a distribution agreement under which InsWeb became the exclusive consumer insurance aggregator for Intuit's Quicken.com(R) and QuickenInsurance Web sites and certain Quicken consumer desktop products. In exchange, Intuit will share in associated revenues, which are subject to certain cash minimums over the 5-year term of the distribution agreement. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. The following exhibit is filed herewith: Number Description 99.1 Press Release dated January 25, 2001 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. INTUIT INC. Dated: January 26, 2001 /s/ Greg J. Santora ------------------------- Greg J. Santora Senior Vice President and Chief Financial Officer 2 3 EXHIBIT INDEX Number Description 99.1 Press Release dated January 25, 2001 3