William Crager - Feb 28, 2022 Form 4 Insider Report for ENVESTNET, INC. (ENV)

Role
Chief Executive Officer, Director
Signature
/s/ Shelly O'Brien, by Power-of-Attorney for William Crager
Stock symbol
ENV
Transactions as of
Feb 28, 2022
Transactions value $
-$647,717
Form type
4
Date filed
3/2/2022, 07:52 PM
Previous filing
Jan 21, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENV Common Stock Award $0 +36.8K +13.71% $0.00 305K Feb 28, 2022 Direct F1
transaction ENV Common Stock Award $0 +16.4K +5.38% $0.00 321K Feb 28, 2022 Direct F2
transaction ENV Common Stock Tax liability -$648K -8.66K -2.7% $74.82 312K Feb 28, 2022 Direct F3
holding ENV Common Stock 100 Feb 28, 2022 By wife
* 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.