Shelly O'Brien - 28 Feb 2022 Form 4 Insider Report for ENVESTNET, INC. (ENV)

Role
Chief Legal Officer
Signature
/s/ Shelly O'Brien
Issuer symbol
ENV
Transactions as of
28 Feb 2022
Transactions value $
-$19,154
Form type
4
Filing time
02 Mar 2022, 19:51:48 UTC
Previous filing
30 Nov 2021
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 +5.01K +16.54% $0.00 35.3K 28 Feb 2022 Direct F1
transaction ENV Common Stock Tax liability -$19.2K -256 -0.73% $74.82 35.1K 28 Feb 2022 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.