UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
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Securities Exchange Act of 1934
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Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On March 14, 2024, the Board of Directors (the “Board”) of Envestnet, Inc. (the “Company”) amended and restated the Company’s By-laws (the “Restated By-laws”), effective March 14, 2024. The Restated By-laws: (1) declassify the Board beginning at the 2024 annual meeting of shareholders and phase in annual election of directors over the succeeding two years; (2) provide that any director elected to a one-year term may be removed from office, in the manner specified in the Restated By-laws, at any time prior to the expiration of his, her or their term of office, with or without cause; and (3) incorporate certain ministerial, modernizing, clarifying and conforming changes. As a result of the adoption of the Restated By-laws, directors to be elected at the Company’s 2024 annual meeting of shareholders will be elected for a one-year term.
The foregoing description is qualified in its entirety by reference to the full text of the Restated By-laws, a copy of which is attached hereto as Exhibit 3.2 and incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Description | |
| 3.2 | Amended and Restated By-Laws | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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. | |||
| By: | /s/ Shelly O’Brien | ||
| Name: | Shelly O’Brien | ||
| Title: | Chief Legal Officer, General Counsel and Corporate Secretary | ||
| Date: March 14, 2024 | |||
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