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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Director Stock Option (Right to Buy) | $ 12.55 | 02/28/2012(1) | 02/28/2021 | Common Stock | 2,048 (7) | 2,048 (7) | D | ||||||||
Director Stock Option (Right to Buy) | $ 12.45 | 02/28/2013(1) | 02/28/2022 | Common Stock | 5,277 | 5,277 | D | ||||||||
Director Stock Option (Right to Buy) | $ 15.34 | 02/28/2014(1) | 02/28/2023 | Common Stock | 7,954 | 7,954 | D | ||||||||
Director Stock Option (Right to Buy) | $ 41.84 | 02/28/2015(1) | 02/28/2024 | Common Stock | 3,585 | 3,585 | D | ||||||||
Director Stock Option (Right to Buy) | $ 55.29 | 03/02/2016(1) | 03/02/2025 | Common Stock | 2,913 | 2,913 | D | ||||||||
Director Stock Option (Right to Buy) | $ 20.51 | 02/28/2017(1) | 02/28/2026 | Common Stock | 5,789 | 5,789 | D | ||||||||
Director Stock Option (Right to Buy) | $ 31.7 | 03/28/2018(6) | 03/28/2027 | Common Stock | 2,951 | 2,951 | D | ||||||||
Restricted Stock Units | (2) | 08/29/2017 | M | 64 | (3) | 02/28/2019 | Common Stock | 64 | (4) | 385 | D | ||||
Restricted Stock Units | (2) | (3) | 03/28/2020 | Common Stock | 2,697 (4) | 2,967 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CHAPIN ROSS K 35 EAST WACKER DRIVE SUITE 2400 CHICAGO, IL 60601 |
X |
/s/ Shelly O'Brien, by power of attorney for Ross K. Chapin | 08/31/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This option grant vests over a 4 year period; one-fourth of the total amount vests on the first anniversary of the date of grant and 1/36 of the total amount vests on each one-month anniversary of the date of grant. |
(2) | Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock. |
(3) | 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. |
(4) | Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit. |
(5) | Represents the issuance of Envestnet, Inc. common stock upon the vesting of restricted stock units effective August 29, 2017 (the "August Vested Restricted Stock Units"). Restricted stock units convert into common stock on a one-for-one basis. The reporting person was granted 769 restricted stock units on February 29, 2016 of which one-twelfth of the total amount vested on August 29, 2017. Such restricted stock units were previously reported in Table II on a Form 4 filed with the Securities and Exchange Commission on March 2, 2016. |
(6) | 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. |
(7) | This figure has been corrected to reflect a transfer of 610 option units made on June 14, 2013 to the reporting person's ex-wife pursuant to their divorce settlement, as reported on a Form 4 filed with the Securities and Exchange Commission on June 18, 2013. |