Stuart DePina - 28 Feb 2022 Form 4 Insider Report for ENVESTNET, INC.

Role
President
Signature
/s/ Shelly O'Brien, by Power-of-Attorney for Stuart DePina
Issuer symbol
N/A
Transactions as of
28 Feb 2022
Net transactions value
-$377,991
Form type
4
Filing time
02 Mar 2022, 19:50:18 UTC
Previous filing
11 Feb 2022
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENV Common Stock Award $0 +15,555 +29% $0.000000 68,655 28 Feb 2022 Direct F1
transaction ENV Common Stock Award $0 +12,186 +18% $0.000000 80,841 28 Feb 2022 Direct F2
transaction ENV Common Stock Tax liability $377,991 -5,052 -6.2% $74.82 75,789 28 Feb 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that 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. These restricted stock units convert into common stock on a one-for-one basis.
F2 Represents performance stock units earned upon the achievement of specific performance measures. These performance stock units convert into common stock on a one-for-one basis.
F3 The reporting person is reporting the withholding by Envestnet, Inc. of shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of restricted stock units and performance stock units.