SEC Form 4 · accession 0001104659-16-101567

ENVESTNET, INC. · ENV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

William Crager

Officer — President

Period of report

Feb 28, 2016

Accepted (ET)

Mar 1, 2016 · 9:57 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001337619

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 28, 2016	M	7,380	$0.00	A	143,580	D
Common Stock^F2	Feb 28, 2016	F	2,251	$0.00	D	141,329	D
Common Stock	holding	—	—		—	100	I	By wife

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Award^F5,F6,F7	—	Feb 28, 2016	M	1,880	D	—	Feb 29, 2016	Common Stock	1,880	0	D
Restricted Stock Award^F5,F6,F8	—	Feb 28, 2016	M	2,967	D	—	Feb 28, 2017	Common Stock	2,967	2,967	D
Restricted Stock Award^F5,F6,F9	—	Feb 28, 2016	M	2,533	D	—	Feb 28, 2018	Common Stock	2,533	5,067	D
Employee Stock Option (Right to Buy)^F3	$0.1069	holding	—	—	—	Apr 26, 2007	Apr 26, 2017	Common Stock	2,806	2,806	D
Employee Stock Option (Right to Buy)^F3	$1.075	holding	—	—	—	Apr 26, 2007	Apr 26, 2017	Common Stock	20,000	20,000	D
Employee Stock Option (Right to Buy)^F3	$7.50	holding	—	—	—	Apr 26, 2007	Apr 26, 2017	Common Stock	80,000	80,000	D
Employee Stock Option (Right to Buy)^F4	$7.50	holding	—	—	—	Apr 30, 2009	Apr 30, 2018	Common Stock	14,000	14,000	D
Employee Stock Option (Right to Buy)^F4	$7.15	holding	—	—	—	May 15, 2010	May 15, 2019	Common Stock	12,000	12,000	D
Employee Stock Option (Right to Buy)^F4	$9.00	holding	—	—	—	Jul 28, 2011	Jul 28, 2020	Common Stock	164,000	164,000	D
Employee Stock Option (Right to Buy)^F4	$12.55	holding	—	—	—	Feb 28, 2012	Feb 28, 2021	Common Stock	25,000	25,000	D
Employee Stock Option (Right to Buy)^F4	$12.45	holding	—	—	—	Feb 28, 2013	Feb 28, 2022	Common Stock	13,954	13,954	D
Employee Stock Option (Right to Buy)^F4	$15.34	holding	—	—	—	Feb 28, 2014	Feb 28, 2023	Common Stock	13,500	13,500	D
Employee Stock Option (Right to Buy)^F4	$41.84	holding	—	—	—	Feb 28, 2015	Feb 28, 2024	Common Stock	14,100	14,100	D
Employee Stock Option (Right to Buy)^F4	$53.88	holding	—	—	—	Feb 29, 2016	Feb 28, 2025	Common Stock	11,400	11,400	D

Explanation of responses

F1Represents the conversion upon vesting of restricted stock awards into common stock (the "Converted Common Stock "). The reporting person was granted 5,641 restricted stock units on February 28, 2013, 8,900 restricted stock units on February 28, 2014 and 7,600 restricted stock units of which 1/3 of the shares subject to the restricted stock units of each grant vested on February 28, 2016. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on March 4, 2013, March 4, 2014 and March 3, 2015.
F2The reporting person is reporting the withholding by Envestnet, Inc. of 2,251 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the delivery of the Converted Common Stock to the reporting person on February 28, 2016.
F3Original option grant vests in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
F4Original option grant vests in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
F5Each restricted stock award is the economic equivalent of one share of Envestnet, Inc. Common Stock
F6Each restricted award represents the contingent right to receive one share of common stock upon the vesting of the unit.
F7The reporting person was granted 5,641 restricted stock units on February 28, 2013, of which 1/3 of the shares subject to the restricted stock award of each grant vested on February 28, 2016. The common stock into which such vested restricted stock units converted on February 28, 2016 is reported in Table I on this Form 4. This grant was fully vested on 2/28/2016.
F8The reporting person was granted 8,900 restricted stock units on February 28, 2014, of which 1/3 of the shares subject to the restricted stock award of each grant vested on February 28, 2016. The common stock into which such vested restricted stock units converted on February 28, 2016 is reported in Table I on this Form 4. The remaining unvested restricted stock units will continue to vest as to 1/3 of the original number of shares subject to the restricted stock awards on each succeeding February 28th until fully vested.
F9The reporting person was granted 7,600 restricted stock units on February 28, 2015, of which 1/3 of the shares subject to the restricted stock award of each grant vested on February 28, 2016. The common stock into which such vested restricted stock units converted on February 28, 2016 is reported in Table I on this Form 4. The remaining unvested restricted stock units will continue to vest as to 1/3 of the original number of shares subject to the restricted stock awards on each succeeding February 28th until fully vested.