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Filing Details

Accession Number:: 0001104659-16-128380
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-06-20 18:05:15
Reporting Period:: 2016-06-17

Filing Date:: 2016-06-20
Accepted Time:: 2016-06-20 18:05:15
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
Common Stock	Acquisiton	2016-06-17	6,000	$7.50	13,888	No	4	M	Direct
Common Stock	Disposition	2016-06-17	6,000	$35.66	7,888	No	4	S	Direct
Common Stock	Disposition	2016-06-17	6,294	$35.69	1,594	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	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	2016-06-17	6,000	$0.00	186,937	$7.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
180,937	2008-06-06	2018-06-16	No	4	S	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	4,235	Direct
Common Stock	Restricted Stock Unit	$0.00		2017-02-28	2,200	2,200	Direct
Common Stock	Restricted Stock Unit	$0.00		2018-02-28	1,833	3,667	Direct
Common Stock	Restricted Stock Unit	$0.00		2019-02-28	4,235	4,235	Direct
Common Stock	Performance Stock Unit Award	$0.00		2019-05-12	30,000	30,000	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	4,235	Direct
2017-02-28	2,200	2,200	Direct
2018-02-28	1,833	3,667	Direct
2019-02-28	4,235	4,235	Direct
2019-05-12	30,000	30,000	Direct

Footnotes

Original option grant vests in four installments beginning on the first date of grant and thereafter on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
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 award is the economic equivalent of one share of Envestnet, Inc. Common Stock
Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
The reporting person was granted 6,600 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.
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 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.
Open market exercise and sale.
The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.65 to $35.67, inclusive.
Total includes 6,294 shares of Common Stock transferred from the reporting person's direct ownership to the reporting person's indirect ownership by a joint account held with the reporting person's wife on May 9, 2016.
The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.69 to $35.70, inclusive.
A total of 220,000 options were granted on 6/16/2008. 186,937 options were vested and exercisable as of 6/17/2016.