Sec Form 4 Filing - Grossman Blake R. @ Financial Engines, Inc. - 2018-07-19

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Grossman Blake R.
2. Issuer Name and Ticker or Trading Symbol
Financial Engines, Inc. [ FNGN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1050 ENTERPRISE WAY, 3RD FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
07/19/2018
(Street)
SUNNYVALE, CA94089
4. If Amendment, Date Original Filed (MM/DD/YY)
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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 07/19/2018 D 59,290 D $ 0 0 ( 1 ) D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Restricted Stock Units $ 0 ( 2 ) 07/19/2018 D 1,224 ( 3 ) ( 3 ) Common Stock 1,224 $ 0 0 D
Restricted Stock Units $ 0 ( 2 ) 07/19/2018 D 2,517 ( 3 ) ( 3 ) Common Stock 2,517 $ 0 0 D
Restricted Stock Units $ 0 ( 2 ) 07/19/2018 D 2,567 ( 3 ) ( 3 ) Common Stock 2,567 $ 0 0 D
Restricted Stock Units $ 0 ( 2 ) 07/19/2018 D 4,482 ( 3 ) ( 3 ) Common Stock 4,482 $ 0 0 D
Employee Stock Option (Right to Buy) $ 27.66 07/19/2018 D 50,000 ( 4 ) ( 4 ) Common Stock 50,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Grossman Blake R.
1050 ENTERPRISE WAY
3RD FLOOR
SUNNYVALE, CA94089
X
Signatures
/s/ Robert Mills, Attorney-in-Fact for: Blake Grossman 07/23/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as ofApril 29, 2018, by and among Financial Engines, Inc. (the "Company"), Edelman Financial, L.P., (the "Parent"), and Flashdance Merger Sub, Inc.("Merger Sub"), a copy of which is filed as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on May 2, 2018, pursuant to which the Company became a wholly-owned subsidiary of Parent (the "Merger") on July 19, 2018 (the "Effective Time"). At the Effective Time, each issued and outstanding share of common stock of the Company was cancelled and converted into the right to receive $45.00 in cash,(the "Merger Consideration") without interest and subject to applicable withholding taxes.
( 2 )Each restricted stock unit represents a contingent right to receive one share of Financial Engines, Inc. common stock.
( 3 )At the Effective Time, each outstanding restricted stock unit award became fully vested and was cancelled and converted into the right to receivethe Merger Consideration in respect of each vested share of common stock of the Company subject to such award, in each case subject towithholding taxes if applicable.
( 4 )At the Effective Time, each outstanding option to acquire shares of common stock of the Company became fully vested (to the extent unvested)and was cancelled and converted into the right to receive the product of (1) the excess, if any, of the Merger Consideration over the applicableexercise price of such option, multiplied by (2) the total number of shares of common stock of the Company subject to such option, subject to applicable withholding taxes. Any optionsthat had an exercise price per share that was equal to or greater than the Merger Consideration were cancelled for no consideration.

Remarks:
This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as ofApril 29, 2018, by and among Financial Engines, Inc. (the "Company"), Edelman Financial, L.P., (the "Parent"), and Flashdance Merger Sub, Inc.("Merger Sub"), a copy of which is filed as Exhibit 2.1 to the Company's Form 8-K filed with the SEC on May 2, 2018, pursuant to which the Company became a wholly-owned subsidiary of Parent (the "Merger") on July 19, 2018 (the "Effective Time").

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