Matthew Majoros - Feb 28, 2023 Form 4 Insider Report for ENVESTNET, INC. (ENV)

Role
Principal Accounting Officer
Signature
/s/ Shelly O'Brien, by Power-of-Attorney for Matthew Majoros
Stock symbol
ENV
Transactions as of
Feb 28, 2023
Transactions value $
-$21,191
Form type
4
Date filed
3/2/2023, 05:58 PM
Previous filing
Dec 13, 2022
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENV Common Stock Award $0 +2.08K +12.65% $0.00 18.5K Feb 28, 2023 Direct F1
transaction ENV Common Stock Tax liability -$21.2K -339 -1.83% $62.51 18.1K Feb 28, 2023 Direct F2
* 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 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.