Filing Details

Accession Number:
0001104659-17-004069
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-01-25 18:54:51
Reporting Period:
2017-01-23
Filing Date:
2017-01-25
Accepted Time:
2017-01-25 18:54:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1337619 Envestnet Inc. ENV Services-Business Services, Nec (7389) 201409613
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1497443 William Crager 35 East Wacker Drive
Suite 2400
Chicago IL 60601
President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-01-23 2,500 $7.50 143,829 No 4 M Direct
Common Stock Disposition 2017-01-23 2,500 $36.72 141,329 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2017-01-23 2,500 $0.00 27,352 $7.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,582 2007-04-26 2017-04-26 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 100 Indirect By wife
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (Right to Buy) $7.50 2009-04-30 2018-04-30 14,000 14,000 Direct
Common Stock Employee Stock Option (Right to Buy) $7.15 2010-05-15 2019-05-15 12,000 12,000 Direct
Common Stock Employee Stock Option (Right to Buy) $9.00 2011-07-28 2020-07-28 164,000 164,000 Direct
Common Stock Employee Stock Option (Right to Buy) $12.55 2012-02-28 2021-02-28 25,000 25,000 Direct
Common Stock Employee Stock Option (Right to Buy) $12.45 2013-02-28 2022-02-28 13,954 13,954 Direct
Common Stock Employee Stock Option (Right to Buy) $15.34 2014-02-28 2023-02-28 13,500 13,500 Direct
Common Stock Employee Stock Option (Right to Buy) $41.84 2015-02-28 2024-02-28 14,100 14,100 Direct
Common Stock Employee Stock Option (Right to Buy) $53.88 2016-02-29 2025-02-28 11,400 11,400 Direct
Common Stock Employee Stock Option (Right to Buy) $20.51 2017-02-28 2026-02-28 5,852 5,852 Direct
Common Stock Restricted Stock Award $0.00 2017-02-28 2,967 2,967 Direct
Common Stock Restricted Stock Award $0.00 2018-02-28 5,067 5,067 Direct
Common Stock Restricted Stock Award $0.00 2019-02-28 5,852 5,852 Direct
Common Stock Performance Stock Unit Award $0.00 2019-05-12 50,000 50,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-04-30 14,000 14,000 Direct
2019-05-15 12,000 12,000 Direct
2020-07-28 164,000 164,000 Direct
2021-02-28 25,000 25,000 Direct
2022-02-28 13,954 13,954 Direct
2023-02-28 13,500 13,500 Direct
2024-02-28 14,100 14,100 Direct
2025-02-28 11,400 11,400 Direct
2026-02-28 5,852 5,852 Direct
2017-02-28 2,967 2,967 Direct
2018-02-28 5,067 5,067 Direct
2019-02-28 5,852 5,852 Direct
2019-05-12 50,000 50,000 Direct
Footnotes
  1. Original option grant vests in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
  2. Original option grant vests in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
  3. Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock
  4. Each restricted unit represents the contingent right to receive one share of common stock upon the vesting of the unit.
  5. The reporting person was granted 8,900 restricted stock units on February 28, 2014. The remaining unvested restricted stock units will continue to vest as to 1/3 of the original number of shares subject to the restricted stock awards on each succeeding February 28th until fully vested.
  6. The reporting person was granted 7,600 restricted stock units on February 28, 2015. The remaining unvested restricted stock units will continue to vest as to 1/3 of the original number of shares subject to the restricted stock awards on each succeeding February 28th until fully vested.
  7. This option grant vests over a 3 year period, one-third of the total amount vests on the first anniversary of the applicable date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
  8. This restricted stock unit vests 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; and then one-twelfth of the total amount vests on each three-month anniversary.
  9. The Reporting Person will earn a percentage of his performance stock unit award ("Banked Units") based on specific adjusted EBIDTA goals for the relevant performance period. This performance stock unit award vests over a 3 consecutive one-year performance periods, with 33.33% of Banked Units vesting following the First Performance Period, 50% of the outstanding Banked Units following the Second Performance Period and 100% of the outstanding Banked Units following the Final Performance Period, as described in the executive's employment agreement dated May 12, 2016 by and between the Company and the Reporting Person.
  10. A total of 80,000 options were granted on 04/26/2007. 27,352 options were vested and exercisable as of 01/23/2017.
  11. Option exercise and sale pursuant to a 10b5-1 plan established to allow the exercise and sale of options which will be forfeited if not exercised prior to the April 26, 2017 expiration date.
  12. The shares reported in column 4 were sold in multiple transactions with a weighted average price of $36.72 per share.