Filing Details
- Accession Number:
- 0001104659-17-064964
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-10-31 16:02:56
- Reporting Period:
- 2017-10-27
- Accepted Time:
- 2017-10-31 16:02:56
- 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 | Disposition | 2017-10-27 | 5,000 | $53.31 | 150,555 | 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 | 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 | 2016-02-28 | 2025-02-27 | 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 | Employee Stock Option (Right to Buy) | $31.70 | 2018-03-28 | 2027-03-28 | 5,733 | 5,733 | 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 | 2,928 | 2,928 | Direct | |
| Common Stock | Performance Stock Unit Award | $0.00 | 2019-05-12 | 33,334 | 33,334 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 2020-03-28 | 17,200 | 17,200 | 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 |
| 2025-02-27 | 11,400 | 11,400 | Direct |
| 2026-02-28 | 5,852 | 5,852 | Direct |
| 2027-03-28 | 5,733 | 5,733 | Direct |
| 2018-02-28 | 2,534 | 2,534 | Direct |
| 2019-02-28 | 2,928 | 2,928 | Direct |
| 2019-05-12 | 33,334 | 33,334 | Direct |
| 2020-03-28 | 17,200 | 17,200 | Direct |
Footnotes
- This option grant vests over a 3 year period; one-third of the total amount vests on each anniversary of the date of grant.
- This option grant vests over a 4 year period; one-fourth of the total amount vests on each anniversary of the date of grant.
- This option grant vests over a 3 year period; one-third of the total amount vests on the first anniversary of the date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
- This option grant vests over a 3 year period; one-twelfth of the total amount vests on each three-month anniversary of the sate of grant.
- Each restricted stock unit or performance stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock
- Each restricted stock unit or performance stock unit represents the contingent right to receive one share of common stock upon the vesting of the unit.
- These restricted stock units vest over a 3-year period; one-third of the total amount vests on each anniversary of the date of grant.
- 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 units and then one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
- 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.
- Sale pursuant to 10b5-1 Plan.
- The Common Shares reported herein as being sold were sold at a range of between $52.85 and $53.60 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.
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