4//SEC Filing
Turner Barbara 4
Accession 0001213900-24-102149
CIK 0001337619other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 4:05 PM ET
Size
6.3 KB
Accession
0001213900-24-102149
Insider Transaction Report
Form 4
Turner Barbara
Director
Transactions
- Disposition to Issuer
Common Stock
2024-11-25$63.15/sh−7,168$452,659→ 0 total
Footnotes (2)
- [F1]Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated July 11, 2024, by and among the Issuer, BCPE Pequod Merger Sub, Inc. ("Merger Sub") and BCPE Pequod Buyer, Inc. ("Parent"), Merger Sub merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger as a wholly owned subsidiary of Parent, and at the time of the Merger (the "Effective Time") each issued and outstanding share of the Issuer's Common Stock, par value $0.005 per share (the "Common Stock") owned by the reporting person was cancelled and converted into the right to receive $63.15 per share in cash without interest (the "Per Share Price").
- [F2]Includes restricted share units not subject to performance-based requirements ("RSUs"). Pursuant to the Merger Agreement, each RSU was, at the Effective Time, cancelled and converted into a right to receive (i) to the extent vested as of immediately prior to the Effective Time, a cash payment equal to (a) the Per Share Price multiplied by (b) the total number of shares of Common Stock subject to such RSU as of immediately prior to the Effective Time, and (ii) to the extent unvested as of immediately prior to the Effective Time, an amount in cash equal to the (x) the Per Share Price, multiplied by (y) the total number of shares of Common Stock subject to such RSU as of immediately prior to the Effective Time.
Documents
Issuer
ENVESTNET, INC.
CIK 0001337619
Entity typeother
Related Parties
1- filerCIK 0001971438
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 4:05 PM ET
- Size
- 6.3 KB