SEC Form 4 · accession 0000899243-15-008753
YODLEE INC · YDLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arun Anur
Officer — SVP Services
Period of report
Nov 19, 2015
Accepted (ET)
Nov 23, 2015 · 7:14 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 | 28,745 | D | Apr 14, 2010 | Apr 29, 2019 | Common Stock | 28,745 | 0 | D |
| Right to Buy (Common StockF2 | $4.40 | Nov 19, 2015 | D | 8,272 | D | Mar 2, 2010 | Feb 2, 2020 | Common Stock | 8,272 | 0 | D |
| Right to Buy (Common StockF3 | $5.80 | Nov 19, 2015 | D | 4,500 | D | Jun 12, 2011 | May 12, 2021 | Common Stock | 4,500 | 0 | D |
| Right to Buy (Common StockF4 | $6.20 | Nov 19, 2015 | D | 20,000 | D | Dec 1, 2011 | Jan 4, 2022 | Common Stock | 20,000 | 0 | D |
| Right to Buy (Common StockF5 | $6.90 | Nov 19, 2015 | D | 16,000 | D | Jun 16, 2012 | May 16, 2022 | Common Stock | 16,000 | 0 | D |
| Right to Buy (Common StockF6 | $8.50 | Nov 19, 2015 | D | 20,000 | D | May 1, 2013 | Apr 9, 2023 | Common Stock | 20,000 | 0 | D |
| Right to Buy (Common StockF7 | $12.00 | Nov 19, 2015 | D | 41,600 | D | Apr 30, 2014 | Apr 1, 2024 | Common Stock | 41,600 | 0 | D |
| Right to Buy (Common StockF8 | $13.00 | Nov 19, 2015 | D | 49,300 | D | Mar 24, 2015 | Mar 2, 2025 | Common Stock | 49,300 | 0 | D |
| Restricted Stock UnitF10,F9 | $0.001 | Nov 19, 2015 | D | 4,688 | D | Apr 8, 2015 | Apr 8, 2017 | Common Stock | 4,688 | 0 | D |
| Restricted Stock UnitF11,F9 | $0.001 | Nov 19, 2015 | D | 8,527 | D | May 15, 2015 | May 15, 2019 | Common Stock | 8,527 | 0 | D |
| Restricted Stock UnitF12,F9 | $0.001 | Nov 19, 2015 | D | 20,400 | D | Nov 19, 2015 | Feb 24, 2020 | Common Stock | 20,400 | 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"), this option was not assumed by Envestnet. This option was exercised in a cashless net exercise whereby 15,220shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 13,525 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $155,672.75 and (ii)2,555 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 1,172 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 492 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 680 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $7,826.80 and (ii) 128 shares of Envestnet common stock. The unvested portion of this restricted stock unit covering 3,516 shares of Issuer common stock was assumed and exchanged for an award of 1,943 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 2,131 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 895 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 1,236 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $14,226.36 and (ii) 233 shares of Envestnet common stock. The unvested portion of this restricted stock unit covering 6,396 shares of Issuer common stock was assumed and exchanged for an award of 3,535 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 5,100 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 2,144 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 2,956 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $34,023.56 and (ii) 558 shares of Envestnet common stock. The unvested portion of this restricted stock unit covering 15,300 shares of Issuer common stock was assumed and exchanged for an award of 8,455 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 4,681 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 3,591 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $41,332.41 and (ii) 678 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 2,756 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 1,744 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $20,073.44 and (ii) 329 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 12,513 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 7,487 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $86,175.37 and (ii) 1,414 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 14,499 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 9,407 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 5,092 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $58,608.92 and (ii) 962 shares of Envestnet common stock. The unvested portion of this option covering 1,501 shares of Issuer common stock was assumed and exchanged for an award of 503 restricted shares of Envestment common stock.
- F6Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 14,687 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 10,309 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 4,378 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $50,390.78 and (ii) 827 shares of Envestnet common stock. The unvested portion of this option covering 5,313 shares of Issuer common stock was assumed and exchanged for an award of 1,510 restricted shares of Envestment common stock.
- F7Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 22,749 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 18,607 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 4,142 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $47,674.42 and (ii) 782 shares of Envestnet common stock. The unvested portion of this option covering 18,851 shares of Issuer common stock was assumed and exchanged for an award of 3,271 restricted shares of Envestment common stock.
- F8Pursuant to the terms of the Merger Agreement and in connection with the Merger, the vested portion of this option covering 18,487 shares of Issuer common stock was not assumed by Envestnet and was exercised in a cashless net exercise whereby 15,734 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations and 2,753 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $31,687.03 and (ii) 520 shares of Envestnet common stock. The unvested portion of this option covering 30,813 shares of Issuer common stock was assumed and exchanged for an award of 4,372 restricted shares of Envestment common stock.
- F9Represents par value of Issuer's common stock.