Envestnet, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2012

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Employee stock-based compensation expense


	Three Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012			2011
Employee stock-based compensation expense	$	1,195		$	714		$	3,125		$	2,359
Tax effect on employee stock-based compensation expense		(482	)		(261	)		(1,256	)		(920	)

Net effect on income	$	713		$	453		$	1,869		$	1,439

Weighted average assumptions used to value options granted


	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012			2011
Grant date fair value of options	$	—	$	—	$	4.96		$	5.26
Volatility		—		—		39.6	%		39.3	%
Risk-free interest rate		—		—		1.2	%		2.5	%
Dividend yield		—		—		0.0	%		0.0	%
Expected term (in years)		—		—		6.0			6.0

Summary of option activity


	Shares			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (Years)		Aggregate Intrinsic Value
Outstanding as of December 31, 2011		4,863,718		$	8.19
Granted		149,652			12.45
Exercised		(124,956	)		7.59
Forfeited		(2,000	)		9.70

Outstanding as of March 31, 2012		4,886,414			8.34		6.7	$	20,544
Granted		589,263			12.55
Exercised		(99,837	)		6.18
Forfeited		(1,800	)		9.00

Outstanding as of June 30, 2012		5,374,040			8.84		6.8		17,737
Granted		—			—
Exercised		(55,208	)		6.56
Forfeited		(8,100	)		9.87

Outstanding as of September 30, 2012		5,310,732			8.86		6.6		16,192

Options exercisable		3,379,804			7.68		5.5		13,820

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Summary of unvested stock awards activity


	Number of Shares			Weighted- Average Grant Date Fair Value per Share
Balance at December 31, 2011		73,820		$	12.26
Granted		155,383			12.44
Vested		(21,235	)		12.55
Expired/cancelled		(1,064	)		12.45
Forfeited		(104	)		12.55

Balance at March 31, 2012		206,800			12.36
Granted		559,551			12.51
Forfeited		(381	)		12.49

Balance at June 30, 2012		765,970			12.47
Granted		—			—
Forfeited		(1,351	)		12.49

Balance at September 30, 2012		764,619			12.47

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

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