0001104659-16-128380.txt : 20160620 0001104659-16-128380.hdr.sgml : 20160620 20160620180515 ACCESSION NUMBER: 0001104659-16-128380 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160617 FILED AS OF DATE: 20160620 DATE AS OF CHANGE: 20160620 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ENVESTNET, INC. CENTRAL INDEX KEY: 0001337619 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 201409613 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 35 E WACKER DR STE 2400 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 312-827-2800 MAIL ADDRESS: STREET 1: 35 E WACKER DR STE 2400 CITY: CHICAGO STATE: IL ZIP: 60601 FORMER COMPANY: FORMER CONFORMED NAME: ENVESTNET ASSET MANAGEMENT GROUP INC DATE OF NAME CHANGE: 20050831 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: D'Arrigo Peter CENTRAL INDEX KEY: 0001497436 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34835 FILM NUMBER: 161723041 MAIL ADDRESS: STREET 1: 35 E. WACKER DRIVE STREET 2: SUITE 2400 CITY: CHICAGO STATE: IL ZIP: 60601 4 1 a4.xml 4 X0306 4 2016-06-17 0 0001337619 ENVESTNET, INC. ENV 0001497436 D'Arrigo Peter 35 EAST WACKER DRIVE SUITE 2400 CHICAGO IL 60601 0 1 0 0 Chief Financial Officer Common Stock 2016-06-17 4 M 0 6000 7.5 A 13888 D Common Stock 2016-06-17 4 S 0 6000 35.66 D 7888 D Common Stock 2016-06-17 4 S 0 6294 35.69 D 1594 D Employee Stock Option (Right to Buy) 7.50 2016-06-17 4 S 0 6000 0 D 2008-06-06 2018-06-16 Common Stock 186937 180937 D Employee Stock Option (Right to Buy) 9 2011-07-28 2020-02-28 Common Stock 86000 86000 D Employee Stock Option (Right to Buy) 12.55 2012-02-28 2021-02-28 Common Stock 10000 10000 D Employee Stock Option (Right to Buy) 12.45 2013-02-28 2022-02-28 Common Stock 10195 10195 D Employee Stock Option (Right to Buy) 15.34 2014-02-28 2023-02-28 Common Stock 8000 8000 D Employee Stock Option (Right to Buy) 41.84 2015-02-28 2024-02-28 Common Stock 10600 10600 D Employee Stock Option (Right to Buy) 53.88 2016-02-28 2025-02-28 Common Stock 8250 8250 D Employee Stock Option (Right to Buy) 20.51 2017-02-28 2025-02-28 Common Stock 4.235 4235 D Restricted Stock Unit 2017-02-28 Common Stock 2200 2200 D Restricted Stock Unit 2018-02-28 Common Stock 1833 3667 D Restricted Stock Unit 2019-02-28 Common Stock 4235 4235 D Performance Stock Unit Award 2019-05-12 Common Stock 30000 30000 D 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. /s/ Shelly O'Brien, by power of attorney for Peter D'Arrigo 2016-06-20