SEC Form 4 · accession 0001104659-17-054975

ENVESTNET, INC. · ENV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Ross K Chapin

Director

Period of report

Aug 29, 2017

Accepted (ET)

Aug 31, 2017 · 5:16 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^F5	Aug 29, 2017	M	64	—	A	37,822	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^F4,F2,F3	—	Aug 29, 2017	M	64	D	—	Feb 28, 2019	Common Stock	64	385	D
Director Stock Option (Right to Buy)^F7,F1	$12.55	holding	—	—	—	Feb 28, 2012	Feb 28, 2021	Common Stock	2,048	2,048	D
Director Stock Option (Right to Buy)^F1	$12.45	holding	—	—	—	Feb 28, 2013	Feb 28, 2022	Common Stock	5,277	5,277	D
Director Stock Option (Right to Buy)^F1	$15.34	holding	—	—	—	Feb 28, 2014	Feb 28, 2023	Common Stock	7,954	7,954	D
Director Stock Option (Right to Buy)^F1	$41.84	holding	—	—	—	Feb 28, 2015	Feb 28, 2024	Common Stock	3,585	3,585	D
Director Stock Option (Right to Buy)^F1	$55.29	holding	—	—	—	Mar 2, 2016	Mar 2, 2025	Common Stock	2,913	2,913	D
Director Stock Option (Right to Buy)^F1	$20.51	holding	—	—	—	Feb 28, 2017	Feb 28, 2026	Common Stock	5,789	5,789	D
Director Stock Option (Right to Buy)^F6	$31.70	holding	—	—	—	Mar 28, 2018	Mar 28, 2027	Common Stock	2,951	2,951	D
Restricted Stock Units^F2,F3,F4	—	holding	—	—	—	—	Mar 28, 2020	Common Stock	2,697	2,967	D

Explanation of responses

F1This option grant vests over a 4 year period; one-fourth of the total amount vests on the first anniversary of the date of grant and 1/36 of the total amount vests on each one-month anniversary of the date of grant.
F2Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
F3These 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.
F4Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
F5Represents the issuance of Envestnet, Inc. common stock upon the vesting of restricted stock units effective August 29, 2017 (the "August Vested Restricted Stock Units"). Restricted stock units convert into common stock on a one-for-one basis. The reporting person was granted 769 restricted stock units on February 29, 2016 of which one-twelfth of the total amount vested on August 29, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on March 2, 2016.
F6This 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.
F7This figure has been corrected to reflect a transfer of 610 option units made on June 14, 2013 to the reporting person's ex-wife pursuant to their divorce settlement, as reported on a Form 4 filed with the Securities and Exchange Commission on June 18, 2013.