SEC Form 4 · accession 0001104659-17-028068
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis A Aguilar
Director
Period of report
Apr 26, 2017
Accepted (ET)
Apr 28, 2017 · 8:13 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 | Apr 26, 2017 | M | 801 | $0.00 | A | 1,602 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3,F5 | — | Apr 26, 2017 | M | 801 | D | — | Apr 26, 2019 | Common Stock | 801 | 1,602 | D |
| Director Stock Option (Right to Buy)F1 | $31.70 | holding | — | — | — | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 1,745 | 1,745 | D |
| Restricted Stock UnitsF2,F4,F5 | — | holding | — | — | — | — | Mar 28, 2020 | Common Stock | 1,595 | 1,595 | D |
Explanation of responses
- F1This option grant vests over a 3-year period; one third of the total amount vests on the first anniversary of the date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
- F2Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
- F3The reporting person was granted 3,204 restricted stock units on April 26, 2016, of which 25% (801 shares) is subject to the restricted stock units of the grant vested on April 26, 2017. The common stock into which such vested restricted stock units converted on April 26, 2017 is reported in Table I on this Form 4. This restricted stock unit vests over a 3 year period; 25% of the total amount vested on the date of the grant of restricted stock, and then 25% on each of the first three anniversaries of the Grant Date (April 26, 2016).
- F4These restricted stock units vest over a 3-year period; one third of the total amount vests on the first anniversary of the date of grant of restricted stock, and then one-twelfth of the total amount vests on each three-month anniversary.
- F5Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
- F6Represents the conversion upon vesting of restricted stock units into common stock. The reporting person was granted 3,204 restricted stock units on April 26, 2016, of which 25% (801 shares) is subject to the restricted stock units of the grant vested on April 26, 2017.