SEC Form 4 · accession 0001104659-17-020476
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Majoros
Officer — Principal Accounting Officer
Period of report
Mar 28, 2017
Accepted (ET)
Mar 30, 2017 · 8:36 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 | — | — | — | 4,774 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F7 | $31.70 | Mar 28, 2017 | A | 1,071 | A | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 1,071 | 1,071 | D |
| Restricted Stock UnitsF3,F6,F4 | — | Mar 28, 2017 | A | 3,214 | A | — | Mar 28, 2020 | Common Stock | 3,214 | 3,214 | D |
| Employee Stock Option (Right to Buy)F1 | $13.45 | holding | — | — | — | Feb 22, 2011 | Feb 22, 2020 | Common Stock | 1,000 | 1,000 | D |
| Employee Stock Option (Right to Buy)F2 | $9.00 | holding | — | — | — | Jul 28, 2011 | Jul 28, 2020 | Common Stock | 3,000 | 3,000 | D |
| Restricted Stock UnitsF3,F5,F4 | — | holding | — | — | — | — | Feb 28, 2018 | Common Stock | 609 | 609 | D |
| Restricted Stock UnitsF3,F6,F4 | — | holding | — | — | — | — | Feb 28, 2019 | Common Stock | 953 | 953 | D |
Explanation of responses
- F1Original option grant vests in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
- F2Original option grant vests in four installments beginning on the first anniversary of the date of 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.
- F5The reporting person was granted 1,825 restricted stock units on February 28, 2015. 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.
- F6This 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.
- F7This option grant vests over a 3 year period, one-third of the total amount vests on the first anniversary of the applicable date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.