SEC Form 4 · accession 0001104659-17-013632

ENVESTNET, INC. · ENV

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

Reporting owner

Charles Roame

Director

Period of report

Feb 28, 2017

Accepted (ET)

Mar 2, 2017 · 8:06 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, 2017	M	1,463	$0.00	A	1,463	D
Common Stock	Feb 28, 2017	M	213	$0.00	A	1,676	D
Common Stock^F1	holding	—	—		—	8,676	I	See Footnote
Common Stock^F7	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 Units^F4,F3,F5	—	Feb 28, 2017	A	213	D	—	Feb 28, 2019	Common Stock	213	428	D
Restricted Stock Units^F4,F3,F6	—	Feb 28, 2017	A	1,463	D	—	Feb 28, 2018	Common Stock	1,463	1,463	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

Explanation of responses

F1Represents shares held by 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 unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
F4Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F5This restricted stock unit 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.
F6This restricted stock unit 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.
F7Mr. 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.
F8Represents the conversion upon vesting of restricted stock units 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 and 30% (1,463 shares) vested on February 28, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on March 2, 2016.
F9Represents the conversion upon vesting of restricted stock units into common stock. The reporting person was granted 641 restricted stock units on February 29, 2016 of which 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. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on March 2, 2016.