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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

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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	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

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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.