SEC Form 4 · accession 0000899243-15-008749
YODLEE INC · YDLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Christopher Parsons
Officer — Chief Customer Officer
Period of report
Nov 19, 2015
Accepted (ET)
Nov 23, 2015 · 6:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001161315
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Right to Buy (Common StockF1 | $3.30 | Nov 19, 2015 | D | 72,605 | D | Oct 29, 2008 | Dec 19, 2017 | Common Stock | 72,605 | 0 | D |
| Right to Buy (Common StockF2 | $3.30 | Nov 19, 2015 | D | 20,958 | D | Jul 1, 2009 | Jul 2, 2019 | Common Stock | 20,958 | 0 | D |
| Right to Buy (Common StockF3 | $4.40 | Nov 19, 2015 | D | 50,402 | D | Mar 2, 2010 | Feb 1, 2020 | Common Stock | 50,402 | 0 | D |
| Right to Buy (Common StockF4 | $6.30 | Nov 19, 2015 | D | 10,000 | D | Apr 23, 2011 | Mar 23, 2021 | Common Stock | 8,125 | 0 | D |
| Right to Buy (Common StockF5 | $6.90 | Nov 19, 2015 | D | 26,999 | D | Jun 16, 2012 | May 16, 2022 | Common Stock | 26,999 | 0 | D |
| Right to Buy (Common StockF6 | $8.50 | Nov 19, 2015 | D | 27,500 | D | May 1, 2013 | Apr 9, 2023 | Common Stock | 27,500 | 0 | D |
| Right to Buy (Common StockF7 | $12.00 | Nov 19, 2015 | D | 49,920 | D | Apr 30, 2014 | Apr 1, 2024 | Common Stock | 49,920 | 0 | D |
| Right to Buy (Common StockF8 | $13.00 | Nov 19, 2015 | D | 34,528 | D | Mar 24, 2015 | Mar 2, 2025 | Common Stock | 34,528 | 0 | D |
| Restricted Stock UnitF10,F9 | $0.001 | Nov 19, 2015 | D | 6,562 | D | Apr 8, 2015 | Apr 8, 2017 | Common Stock | 6,562 | 0 | D |
| Restricted Stock UnitF11,F9 | $0.001 | Nov 19, 2015 | D | 10,233 | D | May 15, 2015 | May 15, 2019 | Common Stock | 10,233 | 0 | D |
| Restricted Stock UnitF12,F9 | $0.001 | Nov 19, 2015 | D | 14,276 | D | Nov 19, 2015 | Feb 24, 2020 | Common Stock | 14,276 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of the Agreement and Plan of Merger dated August 10, 2015 by and among Envestnet, Inc. ("Envestnet"), Yale Merger Corp ("Merger Sub") and the Issuer (the "Merger Agreement"), Merger Sub merged with and into the Issuer (the "Merger"), and this option was not assumed by Envestnet and was exercised in a cashless net exercise whereby 41,453 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 31,152 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $358,559.52 and (ii) 5,885 shares of Envestnet common stock.
- F10Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this restricted stock unit covering 1,640 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 773 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 867 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $9,979.17 and (ii) 164 shares of Envestnet common stock. The unvested portion of this restricted stock unit covering 4,922 shares of Issuer common stock was assumed and exchanged for an award of 2,720 restricted shares of Envestnet common stock.
- F11Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this restricted stock unit covering 2,558 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 1,205 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 1,353 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $15,573.03 and (ii) 256 shares of Envestnet common stock. The unvested portion of this restricted stock unit covering 7,675 shares of Issuer common stock was assumed and exchanged for an award of 4,242 restricted shares of Envestnet common stock.
- F12Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this restricted stock unit covering 3,569 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 1,682 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 1,887 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $21,719.37 and (ii) 356 shares of Envestnet common stock. The unvested portion of this restricted stock unit covering 10,707 shares of Issuer common stock was assumed and exchanged for an award of 5,917 restricted shares of Envestnet common stock.
- F2Pursuant to the terms of the Merger Agreement and in connection with the Merger, this option was not assumed by Envestnet and was exercised in a cashless net exercise whereby 11,966 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 8,992 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $103,497.92 and (ii) 1,699 shares of Envestnet common stock.
- F3Pursuant to the terms of the Merger Agreement and in connection with the Merger, this option was not assumed by Envestnet and was exercised in a cashless net exercise whereby 30,453 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 19,949 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $229,612.99 and (ii) 3,768 shares of Envestnet common stock.
- F4Pursuant to the terms of the Merger Agreement and in connection with the Merger, this option was not assumed by Envestnet and was exercised in a cashless net exercise whereby 6,617 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 3,383 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $318,938.33 and (ii) 639 shares of Envestnet common stock.
- F5Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 24,467 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby16,63 2shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 7,835 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $90,180.85 and (ii)1,480 shares of Envestnet common stock. The unvested portion of this option covering 2,532 shares of Issuer common stock was assumed and exchanged for an award of 849 restricted shares of Envestnet common stock.
- F6Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 20,195 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 14,705 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 5,490 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $63,189.90 and (ii) 1,037 shares of Envestnet common stock. The unvested portion of this option covering 7,305 shares of Issuer common stock was assumed and exchanged for an award of 2,076 restricted shares of Envestnet common stock.
- F7Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 27,299 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 22,767 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 4,532 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $52,163.32 and (ii) 856 shares of Envestnet common stock. The unvested portion of this option covering 22,621 shares of Issuer common stock was assumed and exchanged for an award of 3,925 restricted shares of Envestnet common stock.
- F8Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 12,947 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 11,189 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 1,758 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $20,234.58 and (ii) 332 shares of Envestnet common stock. The unvested portion of this option covering 21,581 shares of Issuer common stock was assumed and exchanged for an award of 3,062 restricted shares of Envestnet common stock.
- F9Represents par value of Issuer's common stock.