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