SEC Form 4 · accession 0001104659-17-027044
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelly O'Brien
Officer — Chief Legal Officer
Period of report
Apr 25, 2017
Accepted (ET)
Apr 27, 2017 · 5:42 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 StockF10 | Apr 25, 2017 | M | 1,000 | $7.50 | A | 11,751 | D | |
| Common StockF10,F11 | Apr 25, 2017 | S | 1,000 | $35.00 | D | 10,751 | 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)F2,F9 | $7.50 | Apr 25, 2017 | M | 1,000 | D | Apr 30, 2009 | Apr 30, 2018 | Common Stock | 3,000 | 2,000 | D |
| Employee Stock Option (Right to Buy)F1 | $7.15 | holding | — | — | — | May 15, 2010 | May 15, 2019 | Common Stock | 2,000 | 2,000 | D |
| Employee Stock Option (Right to Buy)F2 | $9.00 | holding | — | — | — | Jul 28, 2011 | Jul 28, 2020 | Common Stock | 18,366 | 18,366 | D |
| Employee Stock Option (Right to Buy)F2 | $12.55 | holding | — | — | — | Feb 28, 2012 | Feb 28, 2021 | Common Stock | 3,333 | 3,333 | D |
| Employee Stock Option (Right to Buy)F2 | $12.45 | holding | — | — | — | Feb 28, 2013 | Feb 28, 2022 | Common Stock | 3,339 | 3,339 | D |
| Employee Stock Option (Right to Buy)F2 | $15.34 | holding | — | — | — | Feb 28, 2014 | Feb 28, 2023 | Common Stock | 7,150 | 7,150 | D |
| Employee Stock Option (Right to Buy)F2 | $41.84 | holding | — | — | — | Feb 28, 2015 | Feb 28, 2024 | Common Stock | 5,500 | 5,500 | D |
| Employee Stock Option (Right to Buy)F2 | $53.88 | holding | — | — | — | Feb 29, 2016 | Feb 28, 2025 | Common Stock | 4,800 | 4,800 | D |
| Employee Stock Option (Right to Buy)F3 | $20.51 | holding | — | — | — | Feb 28, 2017 | Feb 28, 2026 | Common Stock | 2,464 | 2,464 | D |
| Employee Stock Option (Right to Buy)F3 | $31.70 | holding | — | — | — | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 1,667 | 1,667 | D |
| Restricted Stock UnitsF4,F6,F5 | — | holding | — | — | — | — | Feb 28, 2018 | Common Stock | 1,067 | 1,067 | D |
| Restricted Stock UnitsF4,F7,F5 | — | holding | — | — | — | — | Feb 28, 2019 | Common Stock | 1,643 | 1,643 | D |
| Restricted Stock UnitsF4,F8,F5 | — | holding | — | — | — | — | Aug 2, 2019 | Common Stock | 29,834 | 21 | D |
| Restricted Stock UnitsF4,F7,F5 | — | holding | — | — | — | — | Mar 28, 2020 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1Original option grant vests in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
- F10Option and exercise and sale pursuant to a 10b5-1 Plan established to allow the exercise and sale of options which will be forfeited if not exercised prior to the April 30, 2018 expiration date.
- F11The shares reported in column 4 were sold in one transaction with a price of $35 per share.
- F2Original option grant vests in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
- F3This 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.
- F4Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
- F5Each restricted award represents the contingent right to receive one share of common stock upon the vesting of the unit.
- F6The reporting person was granted 3,200 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.
- F7These restricted stock units vest over a 3 year period, with 1/3 of the shares vesting on the first anniversary of the date of grant and one-twelfth of the total amount vesting on each three-month anniversary of the date of grant.
- F8These restricted stock units over a 3 year period, with one-twelfth of the total amount vesting on each three-month anniversary of the date of grant.
- F9A total of 5,000 options were granted on 04/30/2008. 3,000 options were vested and exercisable as of 04/25/2017.