SEC Form 4 · accession 0000899243-15-008776
YODLEE INC · YDLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Harris Jr.
Director
Period of report
Nov 19, 2015
Accepted (ET)
Nov 23, 2015 · 8:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001161315
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 19, 2015 | U | 39,409 | $11.51 | D | 0 | D |
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 StockF2 | $3.30 | Nov 19, 2015 | D | 5,000 | D | Apr 1, 2006 | Mar 16, 2016 | Common Stock | 5,000 | 0 | D |
| Right to Buy (Common StockF3 | $3.30 | Nov 19, 2015 | D | 5,142 | D | May 29, 2009 | Apr 29, 2019 | Common Stock | 5,142 | 0 | D |
| Right to Buy (Common StockF4 | $4.40 | Nov 19, 2015 | D | 5,514 | D | Mar 2, 2010 | Feb 1, 2020 | Common Stock | 5,514 | 0 | D |
| Right to Buy (Common StockF5 | $6.30 | Nov 19, 2015 | D | 3,347 | D | Apr 23, 2011 | Mar 23, 2021 | Common Stock | 3,347 | 0 | D |
| Right to Buy (Common StockF6 | $6.90 | Nov 19, 2015 | D | 7,182 | D | Jun 16, 2012 | May 16, 2022 | Common Stock | 7,182 | 0 | D |
| Right to Buy (Common StockF7 | $8.50 | Nov 19, 2015 | D | 7,500 | D | May 1, 2013 | Apr 9, 2023 | Common Stock | 7,500 | 0 | D |
| Right to Buy (Common StockF8 | $12.00 | Nov 19, 2015 | D | 8,815 | D | May 15, 2015 | Apr 9, 2023 | Common Stock | 8,815 | 0 | D |
| Right to Buy (Common StockF9 | $14.19 | Nov 19, 2015 | D | 11,434 | D | Nov 19, 2015 | Jun 1, 2025 | Common Stock | 11,434 | 0 | D |
| Restricted Stock UnitF11,F10 | $0.001 | Nov 19, 2015 | D | 3,177 | D | Nov 19, 2015 | May 21, 2016 | Common Stock | 3,177 | 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 the Reporting Person received $453,597.59 and 7,444 shares of Envestnet Common Stock.
- F10Represents par value of YDLE common stock.
- F11Pursuant to the terms of the Merger Agreement and in connection with the Merger, this restricted stock unit was not assumed by Envestnet and 3,177 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $36,567.27 and (ii) 600 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 943 shares of Issuer common stock were withheld to satisfy the applicable exercise price, and 4,057 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $46,696.07 and (ii) 766 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 970 shares of Issuer common stock were withheld to satisfy the applicable exercise price, and4,172 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $48,019.72 and (ii)788 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 1,387 shares of Issuer common stock were withheld to satisfy the applicable exercise price, and 4,127 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $47,501.77 and (ii) 780 shares of Envestnet common stock.
- F5Pursuant 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 1,206 shares of Issuer common stock were withheld to satisfy the applicable exercise price, and 2,141 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $24,642.91 and (ii) 404shares of Envestnet common stock.
- F6As a result of the Merger, the option became fully vested and exercisable. Pursuant 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 2,833 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 4,349 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $50,056.99 and (ii) 822 shares of Envestnet common stock.
- F7As a result of the Merger, the option became fully vested and exercisable. Pursuant 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 3,645 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 3,855 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $44,371.05 and (ii) 728 shares of Envestnet common stock.
- F8As a result of the Merger, the option became fully vested and exercisable. Pursuant 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 6,048shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 2,767 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $31,848.17 and (ii) 523 shares of Envestnet common stock.
- F9As a result of the Merger, the option became fully vested and exercisable. Pursuant 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 9,277 shares of Issuer common stock were withheld to satisfy the applicable exercise price and tax withholding obligations, and 2,157 shares of Issuer common stock issued upon such exercise were cancelled in exchange for (i) a cash payment of $24,827.07 and (ii) 407 shares of Envestnet common stock.