SEC Form 4 · accession 0001104659-17-020468
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory A Smith
Director
Period of report
Mar 28, 2017
Accepted (ET)
Mar 30, 2017 · 8:32 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 | holding | — | — | — | 5,634 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F2 | $31.70 | Mar 28, 2017 | A | 2,828 | A | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 2,828 | 2,828 | D |
| Restricted Stock UnitsF3,F4,F6 | — | Mar 28, 2017 | A | 2,585 | A | — | Mar 28, 2020 | Common Stock | 2,585 | 2,625 | D |
| Director Stock Option (Right to Buy)F1 | $20.51 | holding | — | — | — | Feb 28, 2017 | Feb 28, 2026 | Common Stock | 5,210 | 5,210 | D |
| Restricted Stock UnitsF3,F4,F6 | — | holding | — | — | — | — | Feb 28, 2019 | Common Stock | 442 | 442 | D |
| Restricted Stock UnitsF3,F5,F6 | — | holding | — | — | — | — | Feb 28, 2018 | Common Stock | 1,463 | 1,463 | D |
Explanation of responses
- F1Original 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.
- F2This option grants vests over a 3-year period, one-third of the total amount vests on the first applicable date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
- F3Each restricted stock award is the economic equivalent of one share of Envestnet, Inc. Common Stock.
- F4These restricted stock units vest over a 3 year period, one third of the total amount vest 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.
- F5These restricted stock units vest 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.
- F6Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.