ENVESTNET, INC. 4
4 · ENVESTNET, INC. · Filed Mar 6, 2014
Insider Transaction Report
Form 4
Sisteron Yves
Director10% Owner
Transactions
- Other
Common Stock
2014-03-04−106,642→ 0 total(indirect: By Upfront II Partners, L.P.)
Holdings
- 1,156,267(indirect: By Upfront GP II, L.P.)
Common Stock
- 12,000
Common Stock
Footnotes (2)
- [F1]On March 4, 2014, Upfront II Partners, L.P. distributed all of the shares held by it to its partners without the payment of any consideration. 106,217 shares were distributed to its limited partners, and 425 shares were distributed to its general partner, Upfront GP II, L.P., in a transaction exempt from Section 16 under Rule 16a-13 under the Securities Exchange Act of 1934. As a result of this distribution, the number of shares owned by Upfront GP II, L.P. has increased to 1,156,267 from 1,155,842 shares reflected on the prior Form 4 filed by the Reporting Person on October 15, 2013.
- [F2]Upfront GP II, L.P. is the general partner of Upfront II Partners, L.P. GRP Management Services Corp. is the general partner of Upfront GP II, L.P. Mr. Sisteron is an officer and shareholder of GRP Management Services Corp. Mr. Sisteron is a member of the investment committee of Upfront II Partners, L.P. While Mr. Sisteron may be deemed to possess indirect beneficial ownership of the shares owned by Upfront GP II, L.P and Upfront II Partners, L.P., he does not have sole voting or investment power with respect to such shares, and disclaims beneficial ownership of any and all such shares except to the extent of his pecuniary interests therein.