4//SEC Filing
Impactive Capital LLC 4
Accession 0000921895-23-000919
CIK 0001337619other
Filed
Apr 19, 8:00 PM ET
Accepted
Apr 20, 6:07 PM ET
Size
12.2 KB
Accession
0000921895-23-000919
Insider Transaction Report
Form 4
Wolfe Lauren Taylor
Director
Transactions
- Award
Common Stock
2023-04-18+1,534→ 4,152,567 total(indirect: See Footnote)
Asmar Christian
Director
Transactions
- Award
Common Stock
2023-04-18+1,534→ 4,152,567 total(indirect: See Footnote)
Impactive Capital LP
Director
Transactions
- Award
Common Stock
2023-04-18+1,534→ 4,152,567 total(indirect: See Footnote)
Impactive Capital LLC
Director
Transactions
- Award
Common Stock
2023-04-18+1,534→ 4,152,567 total(indirect: See Footnote)
Footnotes (4)
- [F1]This Form 4 is filed jointly by Impactive Capital LP ("Impactive Capital"), Impactive Capital LLC ("Impactive GP"), Christian Asmar and Lauren Taylor Wolfe (collectively, the "Reporting Persons"). Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of her, his or its pecuniary interest therein.
- [F2]The securities of Envestnet, Inc. (the "Issuer") reported herein are held directly by certain funds and/or accounts (the "Impactive Funds"). Pursuant to an Investment Management Agreement, the Impactive Funds have delegated all voting and investment power over the securities directly held by the Impactive Funds and their general partners to Impactive Capital, which serves as the investment manager of the Impactive Funds. Impactive GP, as the general partner of Impactive Capital, and each of Mr. Asmar and Ms. Taylor Wolfe, as Managing Members of Impactive GP, may be deemed to exercise voting and investment power over such securities. The Impactive Funds specifically disclaim beneficial ownership of such securities by virtue of their inability to vote or dispose of such securities as a result of such delegation to Impactive Capital.
- [F3]Represents restricted stock units ("RSUs") of which one quarter vests immediately and one quarter vests every anniversary of the date of the grant thereafter for 3 years. These RSUs convert into common stock on a one-for-one basis.
- [F4]Because Ms. Taylor Wolfe serves on the board of directors (the "Board") as a representative of Impactive Capital and its affiliates, Impactive Capital is entitled to receive the direct economic interest in securities granted to Ms. Taylor Wolfe by the Issuer in respect of Ms. Taylor Wolfe's Board position. Ms. Taylor Wolfe disclaims beneficial ownership of the Issuer's securities to which this report relates and at no time has Ms. Taylor Wolfe had any economic interest in such securities except any indirect economic interest through Impactive Capital and its affiliates.
Documents
Issuer
ENVESTNET, INC.
CIK 0001337619
Entity typeother
Related Parties
1- filerCIK 0001786731
Filing Metadata
- Form type
- 4
- Filed
- Apr 19, 8:00 PM ET
- Accepted
- Apr 20, 6:07 PM ET
- Size
- 12.2 KB