Filing Details
- Accession Number:
- 0001104659-17-004609
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-01-27 19:06:23
- Reporting Period:
- 2017-01-25
- Filing Date:
- 2017-01-27
- Accepted Time:
- 2017-01-27 19:06:23
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1337619 | Envestnet Inc. | ENV | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1336059 | Anil Arora | 35 East Wacker Drive Suite 2400 Chicago IL 60601 | Yes | No | 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 | Disposition | 2017-01-25 | 8,208 | $37.50 | 72,719 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 136 | Indirect | By Trust for child 1 |
| Common Stock | 136 | Indirect | By Trust for child 1 |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | $0.00 | 66,668 | 66,668 | Direct | ||
| Common Stock | Employee Stock Option (Right to Buy) | $32.46 | 2025-12-07 | 20,000 | 20,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 66,668 | 66,668 | Direct | |
| 2025-12-07 | 20,000 | 20,000 | Direct |
Footnotes
- These shares are held in trust for the benefit of a child of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
- Sale pursuant to 10b5-1 Plan.
- The shares reported in column 4 were sold in one transaction at $37.50 per share.
- Due to an inadvertent error, in a Form 4 filing made on 1/8/2016, the Reporting Person reported 36,352 shares beneficially owned, rather than the correct number of 35,992 in Table I, Column 5. In a Form 4 filing made on 3/18/2016, in connection with restricted shares of Envestnet, Inc. common stock that became vested for tax purposes effective 1/29/2016, but remain subject to contractual restrictions, such total was based upon the original award amount and did not reflect shares that had previously partially vested prior to the 1/29/2016 vesting. The result of the error in subsequent filings was to over report direct holdings by the Reporting Person by 6,624 shares. This filing properly reflects the correct number of shares.
- Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
- The reporting person was granted 100,000 restricted stock units on December 7, 2015 of which 1/3 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 thereafter.
- Each share of restricted stock represents one share of Envestnet, Inc. Common Stock that remains subject to restrictions until the award becomes vested for all purposes.
- Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
- 20,000 options were granted to the Reporting Person on December 7, 2015. One-third of the total amount vests on the first anniversary of the applicable date of grant and one-twelfth on each three-month anniversary thereafter.
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