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Filing Details

Accession Number:: 0001104659-17-042944
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-06-30 16:05:23
Reporting Period:: 2017-06-28

Filing Date:: 2017-06-30
Accepted Time:: 2017-06-30 16:05:23
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
1497436	Peter D'arrigo	35 East Wacker Drive Suite 2400 Chicago IL 60601	Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-06-28	7,500	$7.50	19,976	No	4	M	Direct
Common Stock	Disposition	2017-06-28	7,500	$39.20	12,476	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2017-06-28	7,500	$0.00	7,500	$7.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
173,437	2008-06-16	2018-06-06	No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Employee Stock Option (Right to Buy)	$9.00	2011-07-28	2020-02-28	86,000	86,000	Direct
Common Stock	Employee Stock Option (Right to Buy)	$12.55	2012-02-28	2021-02-28	10,000	10,000	Direct
Common Stock	Employee Stock Option (Right to Buy)	$12.45	2013-02-28	2022-02-28	10,195	10,195	Direct
Common Stock	Employee Stock Option (Right to Buy)	$15.34	2014-02-28	2023-02-28	8,000	8,000	Direct
Common Stock	Employee Stock Option (Right to Buy)	$41.84	2015-02-28	2024-02-28	10,600	10,600	Direct
Common Stock	Employee Stock Option (Right to Buy)	$53.88	2016-02-28	2025-02-28	8,250	8,250	Direct
Common Stock	Employee Stock Option (Right to Buy)	$20.51	2017-02-28	2025-02-28	4,235	4,235	Direct
Common Stock	Employee Stock Option (Right to Buy)	$31.70	2018-03-28	2027-03-28	3,850	3,850	Direct
Common Stock	Restricted Stock Units	$0.00		2018-02-28	1,834	1,834	Direct
Common Stock	Restricted Stock Units	$0.00		2019-02-28	2,471	2,471	Direct
Common Stock	Performance Stock Unit Award	$0.00		2019-05-12	20,000	20,000	Direct
Common Stock	Restricted Stock Units	$0.00		2020-03-28	11,550	11,550	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-02-28	86,000	86,000	Direct
2021-02-28	10,000	10,000	Direct
2022-02-28	10,195	10,195	Direct
2023-02-28	8,000	8,000	Direct
2024-02-28	10,600	10,600	Direct
2025-02-28	8,250	8,250	Direct
2025-02-28	4,235	4,235	Direct
2027-03-28	3,850	3,850	Direct
2018-02-28	1,834	1,834	Direct
2019-02-28	2,471	2,471	Direct
2019-05-12	20,000	20,000	Direct
2020-03-28	11,550	11,550	Direct

Footnotes

220,000 options were granted to the Reporting Person on 6/16/2008. Such options, which vested in four equal installments, became fully vested on 4/30/2011.
Original option grant vests in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
Original option grant vests in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock
Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
The reporting person was granted 5,500 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.
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.
This restricted stock unit vests over a 3-year period, with one-twelfth of the total amount vesting on each three-month anniversary of the date of grant.
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 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.
Reflects cashless exercise of stock options which were granted pursuant to Rule 16b-3.
The Common Shares reported herein as being sold were sold at a range of between $39.10 and $39.35 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.