SEC Form 4 · accession 0001104659-17-049595

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

Aug 2, 2017

Accepted (ET)

Aug 4, 2017 · 4:21 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	Aug 2, 2017	M	2,916	$0.00	A	220,370	D
Common Stock	Aug 2, 2017	F	1,522	$0.00	D	218,848	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 Units^F5,F4,F8	—	Aug 2, 2017	M	2,916	D	—	Aug 2, 2019	Common Stock	2,916	23,336	D
Employee Stock Option (Right to Buy)^F1	$9.00	holding	—	—	—	Jul 28, 2011	Jul 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 27, 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 Units^F4,F6,F5	—	holding	—	—	—	—	Feb 28, 2018	Common Stock	1,334	1,334	D
Restricted Stock Units^F4,F7,F5	—	holding	—	—	—	—	Feb 28, 2019	Common Stock	1,887	1,887	D
Restricted Stock Units^F4,F7,F5	—	holding	—	—	—	—	Mar 28, 2020	Common Stock	6,700	6,700	D

Explanation of responses

F1This option grant vests over a 4 year period; one-fourth of the total amount vests on each anniversary of the date of grant.
F10The reporting person is reporting the withholding by Envestnet, Inc. of 1,522 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting for tax purposes of the August Vested Restricted Stock Units to the reporting person on August 2, 2017.
F2This option grant vests over a 3 year period; one-third of the total amount vests on each anniversary of the date of grant.
F3This option grant vests over a 3year 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.
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.
F6These restricted stock units vest over a 3-year period; one-third of the total amount vests on each anniversary of the date of grant.
F7These 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.
F8These restricted stock units vest over a 3-year period; one-twelfth of the total amount vests on each three-month anniversary of the date of grant.
F9Represents the issuance of Envestnet, Inc. common stock upon the vesting of restricted stock units effective August 2, 2017 (the "August Vested Restricted Stock Units"). The reporting person was granted 35,000 restricted stock units on August 2, 2016 of which one-twelfth of the total amount vested on August 2, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on August 4, 2016.