SEC Form 4 · accession 0001104659-16-136275

ENVESTNET, INC. · ENV

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

Reporting owner

Charles Roame

Director

Period of report

Jul 30, 2016

Accepted (ET)

Aug 2, 2016 · 7:49 pm EDT

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	Jul 30, 2016	M	164	$0.00	A	164	D
Common Stock^F1	Jul 30, 2016	J	164	$0.00	D	8,188	I	See Footnote
Common Stock^F10	holding	—	—		—	3,146	I	By Tiburon Strategic Advisors, LLC

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,F3,F4	—	Jul 30, 2016	M	164	D	—	Jul 30, 2016	Common Stock	164	0	D
Director Stock Option (Right to Buy)^F1,F2	$12.45	holding	—	—	—	Feb 28, 2013	Feb 28, 2022	Common Stock	2,334	2,334	I
Director Stock Option (Right to Buy)^F1,F2	$15.34	holding	—	—	—	Feb 28, 2014	Feb 28, 2023	Common Stock	8,116	8,116	I
Director Stock Option (Right to Buy)^F1,F2	$41.84	holding	—	—	—	Feb 28, 2015	Feb 28, 2024	Common Stock	3,506	3,506	I
Director Stock Option (Right to Buy)^F1,F2	$55.29	holding	—	—	—	Feb 28, 2016	Feb 28, 2025	Common Stock	2,913	2,913	I
Director Stock Option (Right to Buy)^F1,F2	$20.51	holding	—	—	—	Feb 28, 2017	Feb 28, 2026	Common Stock	5,655	5,655	I
Restricted Stock Award^F3,F6	—	holding	—	—	—	—	Feb 28, 2019	Common Stock	641	641	D
Restricted Stock Award^F3,F7	—	holding	—	—	—	—	Feb 28, 2018	Common Stock	4,876	4,876	D
Restricted Stock Award^F3,F8,F9	—	holding	—	—	—	—	Feb 28, 2019	Common Stock	1,951	2,925	D

Explanation of responses

F1Represents shares held by a trust in which Mr. Roame is the trustee.
F10Mr. Roame is Managing Partner of Tiburon Strategic Advisors, LLC ("Tiburon"). As Managing Partner of Tiburon, Mr. Roame may be deemed to have voting and investment power over the shares owned by Tiburon. Mr. Roame disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein.
F11Represents the conversion upon vesting of restricted stock awards into common stock. The reporting person was granted 327 restricted stock units on July 30, 2014, of which 163 shares vested on July 30, 2015 and the remainder 164 shares vested on July 30, 2016.
F12Such shares were transferred from Mr. Roame to a trust in which Mr. Roame is the trustee.
F2Original option grant vests monthly over a 4 year period, except that the shares that would otherwise vest over the first 12 months shall not vest until the first anniversary of the grant.as listed in the "Date Exercisable" column.
F3Each restricted stock award is the economic equivalent of one share of Envestnet, Inc. Common Stock.
F4The reporting person was granted 327 restricted stock units on July 30, 2014, of which 1/2 of the shares subject to the restricted stock units of the grant vested on July 30, 2016. The common stock into which such vested restricted stock units converted on July 30, 2016 is reported in Table I on this Form 4.
F5Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
F6This restricted stock award vests over a 3 year period, one third of the total amount vests on the first anniversary of the date of the grant of restricted stock; and then one-twelfth of the total amount vests on each three-month anniversary.
F7This restricted stock award vests over a 3 year period, 40% of the total amount vests on the date of the grant of restricted stock; and then 30% of the total amount vests on February 28, 2017 and the remaining 30% vests on February 28, 2018.
F8Represents the conversion upon vesting of restricted stock awards into common stock. The reporting person was granted 4,876 restricted stock units on February 29, 2016, of which 40% (1.950 shares) subject to the restricted stock units of the grant vested on February 29, 2016.
F9The reporting person was granted 4,876 restricted stock units on February 29, 2016, of which 40% (1,950 shares) subject to the restricted stock units of the grant vested on February 29, 2016. The common stock into which such vested restricted stock units converted on February 29, 2016. The remaining unvested restricted stock units will continue to vest as to 30% of the total amount on February 28, 2017 and the remaining 30% of the total amount will continue to vest on February 28, 2018.