SEC Form 4 · accession 0001104659-18-014488
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brandon Thomas
Officer — Chief Investment Officer
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 4:31 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 | Feb 28, 2018 | F | 374 | $55.10 | D | 258,955 | D | |
| Common Stock | Feb 28, 2018 | A | 6,000 | $0.00 | A | 264,955 | D | |
| Common StockF3 | holding | — | — | — | 13,938 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is reporting the withholding by Envestnet, Inc. of shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.
- F2Represents restricted stock units that 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. These restricted stock units convert into common stock on a one-for-one basis.
- F3Represents shares held by a trust in which the reporting person is the trustee.