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