SEC Form 3 · accession 0001628280-19-002697
ENVESTNET, INC. · ENV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart DePina
Officer — President*
Period of report
Mar 1, 2019
Accepted (ET)
Mar 8, 2019 · 4:40 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 StockF1 | holding | — | — | — | 56,333 | 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)F2 | $31.70 | holding | — | — | — | Mar 28, 2018 | Mar 28, 2027 | Common Stock | 3,750 | — | D |
| Employee Stock Option (Right to Buy)F3 | $20.51 | holding | — | — | — | Feb 28, 2017 | Feb 28, 2026 | Common Stock | 1,618 | — | D |
| Employee Stock Option (Right to Buy)F4 | $53.88 | holding | — | — | — | Feb 27, 2016 | Feb 27, 2025 | Common Stock | 9,000 | — | D |
Explanation of responses
- F1Includes 33,407 unvested restricted stock units ("RSUs") that convert into common stock on a one-for-one basis. Of these unvested RSUs: (i) 7,500 RSUs were granted on August 2, 2016 as part of a total grant of 45,000 RSUs; (ii) 4,690 RSUs were granted on March 28, 2017 as part of a total grant of 11,250 RSUs; and (iii) 9,334 were granted on February 28, 2018 as part of a total grant of 14,000 RSUs. For each such tranche of unvested RSUs, one-twelfth of the total amount originally granted will vest on each three-month anniversary of the date of grant. In addition, 11,883 of these unvested RSUs were granted on February 28, 2019; one-third of such total amount vests on the first anniversary of the date of the grant of RSUs and then one-twelfth of such total amount vests on each three-month anniversary of the date of grant thereafter.
- F2This 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.
- F3This option grant vested over a 3 year period; one-third of the total amount vested on the first anniversary of the date of grant and one-twelfth of the total amount vested on each three-month anniversary of the date of grant thereafter.
- F4This option grant vested over a 3 year period; one-third of the total amount vested on each anniversary of the date of grant.
Remarks
Stuart DePina assumed the role of Chief Executive of Envestnet Data & Analytics, which includes Envestnet Yodlee, effective March 1, 2019.