SEC Form 4 · accession 0001104659-17-055213
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Majoros
Officer — Principal Accounting Officer
Period of report
Aug 30, 2017
Accepted (ET)
Sep 1, 2017 · 4:08 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 30, 2017 | M | 500 | $13.45 | A | 5,436 | D | |
| Common Stock | Aug 30, 2017 | S | 500 | $42.699 | D | 4,936 | 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)F1 | $13.45 | Aug 30, 2017 | M | 500 | D | Feb 22, 2011 | Feb 22, 2020 | Common Stock | 500 | 500 | D |
| Employee Stock Option (Right to Buy)F2 | $9.00 | holding | — | — | — | Jul 28, 2011 | Jul 28, 2020 | Common Stock | 3,000 | 3,000 | D |
| Employee Stock Option (Right to Buy)F7 | $31.70 | holding | — | — | — | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 1,071 | 1,071 | D |
| Restricted Stock UnitsF3,F5,F4 | — | holding | — | — | — | — | Feb 28, 2018 | Common Stock | 609 | 609 | D |
| Restricted Stock UnitsF3,F6,F4 | — | holding | — | — | — | — | Feb 28, 2019 | Common Stock | 715 | 715 | D |
| Restricted Stock UnitsF3,F6,F4 | — | holding | — | — | — | — | Mar 28, 2020 | Common Stock | 3,214 | 3,214 | D |
Explanation of responses
- F1This option grant vests over a 3 year period; one-third of the total amount vests on each anniversary of the date of grant.
- F2This option grant vests over a 4 year period; one-fourth of the total amount vests on each anniversary of the date of grant.
- F3Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
- F4Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F5These restricted stock units vest over a 3-year-period; one-third of the total amount vests on each anniversary of the date of grant.
- F6These 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.
- F7This 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.
- F8Reflects cashless exercise of stock options which were granted pursuant to Rule 16b-3.