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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Crager William
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)
President
(Last)          (First)          (Middle)

35 EAST WACKER DRIVE, SUITE 2400
3. Date of Earliest Transaction (MM/DD/YYYY)

5/21/2015
(Street)

CHICAGO, IL 60601
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   5/21/2015     M    3000   (2) A $5.00   139200   D    
Common Stock   5/21/2015     S    3000   (2) D $45.32   (3) 136200   D    
Common Stock                  100   I   By wife  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $5.00   5/21/2015     M         3000    2/1/2006   (1) (4) 11/14/2015   Common Stock   56336   $0   56336   D    
Employee Stock Option (Right to Buy)   $0.1069                    4/26/2007   (5) 4/26/2017   Common Stock   2806     2806   D    
Employee Stock Option (Right to Buy)   $1.075                    4/26/2007   (5) 4/26/2017   Common Stock   20000     20000   D    
Employee Stock Option (Right to Buy)   $7.50                    4/26/2007   (5) 4/26/2017   Common Stock   80000     80000   D    
Employee Stock Option (Right to Buy)   $7.50                    4/30/2009   (6) 4/30/2018   Common Stock   14000     14000   D    
Employee Stock Option (Right to Buy)   $7.15                    5/15/2010   (6) 5/15/2019   Common Stock   12000     12000   D    
Employee Stock Option (Right to Buy)   $9                    7/28/2011   (5) 7/28/2020   Common Stock   164000     164000   D    
Employee Stock Option (Right to Buy)   $12.55                    2/28/2012   (5) 2/28/2021   Common Stock   25000     25000   D    
Employee Stock Option (Right to Buy)   $12.45                    2/28/2013   (5) 2/28/2022   Common Stock   13954     13954   D    
Employee Stock Option (Right to Buy)   $15.34                    2/28/2014   (5) 2/28/2023   Common Stock   13500     13500   D    
Employee Stock Option (Right to Buy)   $41.84                    2/28/2015   (5) 2/28/2024   Common Stock   14100     14100   D    
Employee Stock Option (Right to Buy)   $53.88                    2/29/2016   (5) 2/28/2025   Common Stock   11400     11400   D    
Restricted Stock Award     (7)                  2/29/2016   (9) 2/29/2016   Common Stock   1880   (8)   1880   D    
Restricted Stock Award     (7)                  2/29/2016   (9) 2/28/2017   Common Stock   5934   (8)   5934   D    
Restricted Stock Award     (7)                  2/29/2016   (9) 2/28/2018   Common Stock   7600   (8)   7600   D    

Explanation of Responses:
( 1)  A total of 80,000 options were granted on 11/14/2005. 59,336 options were vested and exercisable as of 5/21/2015.
( 2)  Option exercise and sale pursuant to a 10b5-1 plan.
( 3)  The price reported in column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.19 to $45.60, inclusive.
( 4)  Original option grant vests in four installments beginning on February 1, 2006 and the remaining three installments on May 31 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)  Original option grant vests in four installments beginning on the first anniversary of the date of grant as listed in the "Date Exercisable" column.
( 7)  Each restricted stock award 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Crager William
35 EAST WACKER DRIVE
SUITE 2400
CHICAGO, IL 60601


President

Signatures
/s/ Shelly O'Brien, by power of attorney for William Crager 5/22/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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