FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
O'Brien Shelly
   2. Issuer Name and Ticker or Trading Symbol
ENVESTNET, INC. [ENV] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Legal Officer
(Last)
(First)
(Middle)
35 EAST WACKER DRIVE, SUITE 2400		 3. Date of Earliest Transaction (Month/Day/Year)
07/01/2016
(Street)

CHICAGO, IL 60601		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2016   M   3,500 (2) A $ 7.50 9,240 D  
Common Stock 07/01/2016   S   3,500 (2) D $ 33.64 (3) 5,740 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 7.5 07/01/2016   M     3,500 04/26/2007(1)(4) 04/26/2017 Common Stock 3,500 $ 0 46,403 D  
Employee Stock Option (Right to Buy) $ 7.5             04/30/2009(5) 04/30/2018 Common Stock 5,000   5,000 D  
Employee Stock Option (Right to Buy) $ 7.15             05/15/2010(5) 05/15/2019 Common Stock 2,000   2,000 D  
Employee Stock Option (Right to Buy) $ 9             07/28/2011(4) 07/28/2020 Common Stock 18,366   18,366 D  
Employee Stock Option (Right to Buy) $ 12.55             02/28/2012(5) 02/28/2021 Common Stock 3,333   3,333 D  
Employee Stock Option (Right to Buy) $ 12.45             02/28/2013(5) 02/28/2022 Common Stock 3,339   3,339 D  
Employee Stock Option (Right to Buy) $ 15.34             02/28/2014(5) 02/28/2023 Common Stock 7,150   7,150 D  
Employee Stock Option (Right to Buy) $ 41.84             02/28/2015(5) 02/28/2024 Common Stock 5,500   5,500 D  
Employee Stock Option (Right to Buy) $ 53.88             02/29/2016(5) 02/28/2025 Common Stock 4,800   4,800 D  
Employee Stock Option (Right to Buy) $ 20.51             02/28/2017(6) 02/28/2026 Common Stock 2,464   2,464 D  
Restricted Stock Award (7)               (8) 02/28/2017 Common Stock 1,200 (9)   1,200 D  
Restricted Stock Award (7)               (8) 02/28/2018 Common Stock 2,134 (9)   2,134 D  
Restricted Stock Award (7)               (8) 02/28/2019 Common Stock 2,464 (10)   2,464 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
O'Brien Shelly
35 EAST WACKER DRIVE
SUITE 2400
CHICAGO, IL 60601		       Chief Legal Officer  

Signatures

 /s/ Shelly O'Brien   07/05/2016
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) A total of 80,000 options were granted on 04/26/2007. 49,903 options were vested and exercisable as of 07/012016.
(2) Options exercise and sale pursuant to a 10b5-1 plan.
(3) The shares reported in column 4 were sold in one transaction at $33.64 per share.
(4) Original option grant vests in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
(5) Original option grant vests in three installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
(6) This option grant vests over a 3 year period, one-third of the total amount vests on the first anniversary of the applicable date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
(7) Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock
(8) Each restricted award represents the contingent right to receive one share of common stock upon the vesting of the unit.
(9) This restricted stock award vests in three equal installments annually beginning on the first anniversary of the date of the grant of restricted stock.
(10) This restricted stock unit vests over a 3 year period, with one-twelfth of the total amount vesting on each three-month anniversary of the date of grant.

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