William Crager - 28 Feb 2023 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
Issuer symbol
ENV
Transactions as of
28 Feb 2023
Transactions value $
-$628,413
Form type
4
Filing time
02 Mar 2023, 18:02:39 UTC
Previous filing
28 Feb 2023
Next filing
14 Mar 2023
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 +26,674 +8.6% $0 335,608 28 Feb 2023 Direct F1
transaction ENV Common Stock Award $0 +10,772 +3.2% $0 346,380 28 Feb 2023 Direct F2
transaction ENV Common Stock Tax liability -$628,413 -10,053 -2.9% $62.51 336,327 28 Feb 2023 Direct F3
holding ENV Common Stock 100 28 Feb 2023 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.