UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 13, 2021 (
(Exact name of registrant as specified in its charter)
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
At the 2021 Annual Meeting of Shareholders of Envestnet, Inc. (the “Company”) held on May 12, 2021 (the “Annual Meeting”), the Company’s shareholders voted on (1) the election of two Class I directors nominated by the Board of Directors to serve until the 2024 Annual Meeting of Shareholders and, in each case, until their successor is duly elected and qualified or until their earlier resignation, removal, death or incapacity; (2) the approval, on an advisory basis, of 2020 executive compensation; (3) the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021; and (4) the approval of the Envestnet, Inc. 2010 Long-Term Incentive Plan, as amended through the Fifth Amendment.
The tables below set forth the voting results.
PROPOSAL 1
Election of directors to serve until the 2024 Annual Meeting of Shareholders.
| NOMINEE |
FOR |
WITHHELD |
BROKER |
|||||||||
| Valerie Mosley |
42,240,223 | 3,177,658 | 2,334,685 | |||||||||
| Gregory Smith |
43,943,659 | 1,474,222 | 2,334,685 | |||||||||
PROPOSAL 2
The approval, on an advisory basis, of 2020 executive compensation.
| SHARES |
||||
| For: |
44,100,045 | |||
| Against: |
1,262,223 | |||
| Abstain: |
55,613 | |||
| Broker Non-Votes: |
2,334,685 | |||
PROPOSAL 3
The ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021.
| SHARES |
||||
| For: |
47,461,470 | |||
| Against: |
218,629 | |||
| Abstain: |
72,467 | |||
| Broker Non-Votes: |
— | |||
PROPOSAL 4
The approval of the Envestnet, Inc. 2010 Long-Term Incentive Plan, as amended through the Fifth Amendment.
| SHARES |
||||
| For: |
44,097,265 | |||
| Against: |
1,274,981 | |||
| Abstain: |
45,635 | |||
| Broker Non-Votes: |
2,334,685 | |||
| Item 8.01. | Other Events. |
At the Annual Meeting, the Company’s shareholders approved the Envestnet, Inc. 2010 Long-Term Incentive Plan, as amended through the Fifth Amendment (the “Plan”). A copy of the Plan is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 10.1 | Envestnet, Inc. 2010 Long-Term Incentive Plan, as amended through the Fifth Amendment | |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ENVESTNET, INC. | ||||||
| Dated: May 13, 2021 | ||||||
| By: | /s/ Shelly O’Brien | |||||
| Shelly O’Brien | ||||||
| Chief Legal Officer, General Counsel and Corporate Secretary | ||||||