SEC Form 4 · accession 0001104659-18-053203
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
Aug 22, 2018
Accepted (ET)
Aug 22, 2018 · 4:05 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 9, 2018 | G | 25,000 | $0.00 | D | 730,673 | D | |
| Common Stock | Aug 9, 2018 | G | 25,000 | $0.00 | A | 25,000 | I | By Trust for Wife |
| Common Stock | Aug 22, 2018 | S | 25,000 | $59.04 | D | 0 | I | By Trust for Wife |
| Common Stock | holding | — | — | — | 730,673 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction involved a gift of securities by the reporting person to a trust for his wife, who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by the trust for his wife, and this report should not be deemed an admission that the reporting person is the beneficial owner of shares held by the trust for his wife for purposes of Section 16 or for any other purpose.
- F2The trust for the reporting person's wife contributed Envestnet common stock to an exchange fund in exchange for shares of the exchange fund. The Envestnet common stock was valued at $59.04 per share (the market value of the Envestnet common stock as of the close of business on August 21, 2018) for the purpose of determining the number of shares of the exchange fund issuable to the reporting person.