SEC Form 4 · accession 0001104659-17-070189
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Judson Bergman
Officer — Chief Executive Officer · Director
Period of report
Nov 20, 2017
Accepted (ET)
Nov 22, 2017 · 4:08 pm EST
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 | Nov 20, 2017 | M | 1,000 | $7.15 | A | 733,569 | D | |
| Common Stock | Nov 20, 2017 | M | 9,000 | $9.00 | A | 742,569 | D | |
| Common Stock | Nov 20, 2017 | S | 10,000 | $49.55 | D | 732,569 | D | |
| Common Stock | Nov 21, 2017 | M | 10,000 | $9.00 | A | 742,569 | D | |
| Common StockF2 | Nov 21, 2017 | S | 10,000 | $49.91 | D | 732,569 | 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)F3 | $7.15 | Nov 20, 2017 | M | 1,000 | D | May 15, 2010 | May 15, 2019 | Common Stock | 1,000 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $9.00 | Nov 20, 2017 | M | 9,000 | D | Jul 28, 2011 | Jul 28, 2020 | Common Stock | 9,000 | 367,000 | D |
| Employee Stock Option (Right to Buy)F4 | $9.00 | Nov 21, 2017 | M | 10,000 | D | Jul 28, 2011 | Jul 28, 2020 | Common Stock | 10,000 | 357,000 | D |
Explanation of responses
- F1Reflects the cashless exercise of stock options which were granted pursuant to Rule 16b-3. The sale was pursuant to a Rule 10b5-1 plan that covers the cashless exercise and sale of stock options prior to their expiration date.
- F2The Common Shares reported herein as being sold were sold at a range of between $49.90 and $50.00 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.
- F3Original option grant vested in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
- F4Original option grant vested in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.