SEC Form 4 · accession 0001104659-17-002348
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gayle A Crowell
Director
Period of report
Jan 13, 2017
Accepted (ET)
Jan 13, 2017 · 6:23 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 StockF5 | Jan 13, 2017 | S | 746 | $37.50 | D | 11,990 | I | By trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3,F4 | — | holding | — | — | — | — | Apr 26, 2019 | Common Stock | 2,403 | 2,403 | D |
Explanation of responses
- F1Sale pursuant to a 10b5-1 plan.
- F2Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
- F3This restricted stock unit vests over a 3 year period, 25% of the total amount vests on the date of the grant of restricted stock; and then 25% on each of first three anniversaries of the Grant Date (April 26, 2016).
- F4Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
- F5The shares are held directly by a trust of which the reporting person is a trustee and beneficial owner.