Filing Details
- Accession Number:
- 0001104659-17-020051
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-29 18:09:28
- Reporting Period:
- 2017-03-27
- Filing Date:
- 2017-03-29
- Accepted Time:
- 2017-03-29 18:09:28
- 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 | 2017-03-27 | 2,500 | $7.50 | 148,370 | No | 4 | M | Direct | |
Common Stock | Disposition | 2017-03-27 | 2,500 | $31.33 | 145,870 | 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 | 2017-03-27 | 2,500 | $0.00 | 4,852 | $7.50 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,352 | 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 Units | $0.00 | 2018-02-28 | 2,534 | 2,534 | Direct | |
Common Stock | Restricted Stock Units | $0.00 | 2019-02-28 | 3,902 | 3,902 | 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 |
2018-02-28 | 2,534 | 2,534 | Direct |
2019-02-28 | 3,902 | 3,902 | Direct |
2019-05-12 | 50,000 | 50,000 | Direct |
Footnotes
- Original option grant vests in three installments beginning 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.
- Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock
- Each restricted unit represents the contingent right to receive one share of common stock upon the vesting of the unit.
- 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.
- 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.
- The reporting person was grated 5,862 restricted stock units on February 29, 2016. These restricted stock units vest 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.
- 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.
- A total of 80,000 options were granted on 04/26/2007. 4,852 options were vested and exercisable as of 03/27/2017.
- 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.
- The shares reported in column 4 were sold in multiple transactions with a weighted average price of $31.33 per share.