SEC Form 4 · accession 0001104659-17-042945
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott D Grinis
Officer — Chief Technology Officer
Period of report
Jun 28, 2017
Accepted (ET)
Jun 30, 2017 · 4:06 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 | Jun 28, 2017 | M | 9,000 | $7.50 | A | 226,454 | D | |
| Common StockF10 | Jun 28, 2017 | S | 5,590 | $38.97 | D | 220,864 | D | |
| Common StockF11 | Jun 28, 2017 | S | 3,410 | $39.41 | D | 217,454 | D | |
| Common Stock | Jun 28, 2017 | M | 6,000 | $7.15 | A | 223,454 | D | |
| Common StockF12 | Jun 28, 2017 | S | 6,000 | $39.33 | D | 217,454 | 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 | $7.50 | Jun 28, 2017 | M | 9,000 | D | Apr 30, 2008 | Apr 30, 2018 | Common Stock | 9,000 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $7.15 | Jun 28, 2017 | M | 6,000 | D | May 15, 2009 | May 15, 2019 | Common Stock | 6,000 | 0 | D |
| Employee Stock Option (Right to Buy)F1 | $9.00 | holding | — | — | — | Jul 28, 2011 | Feb 28, 2020 | Common Stock | 56,000 | 56,000 | D |
| Employee Stock Option (Right to Buy)F2 | $12.55 | holding | — | — | — | Feb 28, 2012 | Feb 28, 2021 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock Option (Right to Buy)F2 | $12.45 | holding | — | — | — | Feb 28, 2013 | Feb 28, 2022 | Common Stock | 10,195 | 10,195 | D |
| Employee Stock Option (Right to Buy)F2 | $15.34 | holding | — | — | — | Feb 28, 2014 | Feb 28, 2023 | Common Stock | 8,000 | 8,000 | D |
| Employee Stock Option (Right to Buy)F2 | $41.84 | holding | — | — | — | Feb 28, 2015 | Feb 28, 2024 | Common Stock | 6,200 | 6,200 | D |
| Employee Stock Option (Right to Buy)F2 | $53.88 | holding | — | — | — | Feb 28, 2016 | Feb 28, 2025 | Common Stock | 6,000 | 6,000 | D |
| Employee Stock Option (Right to Buy)F3 | $20.51 | holding | — | — | — | Feb 28, 2017 | Feb 28, 2026 | Common Stock | 3,234 | 3,234 | D |
| Employee Stock Option (Right to Buy)F3 | $31.70 | holding | — | — | — | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 2,233 | 2,233 | D |
| Restricted Stock UnitsF4,F6,F5 | — | holding | — | — | — | — | Feb 28, 2018 | Common Stock | 1,334 | 1,334 | D |
| Restricted Stock UnitsF4,F7,F5 | — | holding | — | — | — | — | Feb 28, 2019 | Common Stock | 1,887 | 1,887 | D |
| Restricted Stock UnitsF4,F8,F5 | — | holding | — | — | — | — | Aug 2, 2019 | Common Stock | 26,252 | 26,252 | D |
| Restricted Stock UnitsF4,F7,F5 | — | holding | — | — | — | — | Mar 28, 2020 | Common Stock | 6,700 | 6,700 | 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.
- F10The Common Shares reported herein as being sold were sold at a range of between $38.35 and $39.30 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F11The Common Shares reported herein as being sold were sold at a range of between $39.40 and $39.50 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- F12The Common Shares reported herein as being sold were sold at a range of between $39.25 and $39.40 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.
- 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 stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F6The reporting person was granted 4,000 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 vest over a 3-year period, with one-twelfth of the total amount vesting on each three-month anniversary of the date of grant.
- F9Reflects cashless exercise of stock options which were granted pursuant to Rule 16b-3.