0001104659-17-004069.txt : 20170125 0001104659-17-004069.hdr.sgml : 20170125 20170125185451 ACCESSION NUMBER: 0001104659-17-004069 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170123 FILED AS OF DATE: 20170125 DATE AS OF CHANGE: 20170125 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: Crager William CENTRAL INDEX KEY: 0001497443 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34835 FILM NUMBER: 17547584 MAIL ADDRESS: STREET 1: 489 FIFTH AVENUE STREET 2: 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 4 1 a4.xml 4 X0306 4 2017-01-23 0 0001337619 ENVESTNET, INC. ENV 0001497443 Crager William 35 EAST WACKER DRIVE SUITE 2400 CHICAGO IL 60601 0 1 0 0 President Common Stock 2017-01-23 4 M 0 2500 7.50 A 143829 D Common Stock 2017-01-23 4 S 0 2500 36.72 D 141329 D Common Stock 100 I By wife Employee Stock Option (Right to Buy) 7.50 2017-01-23 4 M 0 2500 0 D 2007-04-26 2017-04-26 Common Stock 27352 24582 D Employee Stock Option (Right to Buy) 7.50 2009-04-30 2018-04-30 Common Stock 14000 14000 D Employee Stock Option (Right to Buy) 7.15 2010-05-15 2019-05-15 Common Stock 12000 12000 D Employee Stock Option (Right to Buy) 9 2011-07-28 2020-07-28 Common Stock 164000 164000 D Employee Stock Option (Right to Buy) 12.55 2012-02-28 2021-02-28 Common Stock 25000 25000 D Employee Stock Option (Right to Buy) 12.45 2013-02-28 2022-02-28 Common Stock 13954 13954 D Employee Stock Option (Right to Buy) 15.34 2014-02-28 2023-02-28 Common Stock 13500 13500 D Employee Stock Option (Right to Buy) 41.84 2015-02-28 2024-02-28 Common Stock 14100 14100 D Employee Stock Option (Right to Buy) 53.88 2016-02-29 2025-02-28 Common Stock 11400 11400 D Employee Stock Option (Right to Buy) 20.51 2017-02-28 2026-02-28 Common Stock 5852 5852 D Restricted Stock Award 2017-02-28 Common Stock 2967 2967 D Restricted Stock Award 2018-02-28 Common Stock 5067 5067 D Restricted Stock Award 2019-02-28 Common Stock 5852 5852 D Performance Stock Unit Award 2019-05-12 Common Stock 50000 50000 D 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 8,900 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 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. This restricted stock unit vests 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. 27,352 options were vested and exercisable as of 01/23/2017. 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 $36.72 per share. /s/ Shelly O'Brien, by power of attorney for William Crager 2017-01-25