SEC Form 4/A · accession 0001104659-17-037751
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Gayle A Crowell
Director
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 7:34 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 StockF7,F6 | Jun 2, 2017 | S | 2,238 | $37.50 | D | 8,260 | I | By trust |
| Common Stock | holding | — | — | — | 801 | 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)F1 | $31.70 | holding | — | — | — | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 1,745 | 1,745 | D |
| Restricted Stock UnitsF2,F3,F5 | — | holding | — | — | — | — | Apr 26, 2019 | Common Stock | 1,602 | 1,602 | 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.
- F3These restricted stock units vest as follows: 25% of the total amount vested on the date of the grant of restricted stock units and then 25% on each of the first three anniversaries of the grant date.
- 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 the grant of restricted stock units and then one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
- F5Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F6The shares are held directly by a trust of which the reporting person is a trustee and beneficial owner.
- F7This amendment is being filed to correct the transaction code to reflect a sale transaction rather than a purchase transaction.