John Di Leo - Feb 29, 2024 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
Chief Revenue Officer
Signature
/s/ Noah F. Webster, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Feb 29, 2024
Transactions value $
-$177,681
Form type
4
Date filed
3/5/2024, 05:30 PM
Previous filing
Feb 13, 2023
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +25K 25K Feb 29, 2024 Direct F1, F2
transaction EVBG Common Stock Sale -$178K -5.04K -20.15% $35.28 20K Mar 1, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EVBG Restricted Stock Units Options Exercise $0 -25K -25% $0.00 75K Feb 29, 2024 Common Stock 25K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of Everbridge common stock.
F2 The Reporting Person previously reported the February 10, 2023 restricted stock unit ("RSU") award (the "Award") in Table I. The Reporting Person decided to change how the Award is reported by listing it in it Table II instead of Table I. This total excludes the 75,000 unvested RSUs subject to the Award.
F3 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F4 On February 10, 2023, the reporting person was granted restricted stock units (RSUs). 25% of the RSUs vested on February 29, 2024. The remaining RSUs will vest in equal installments over twelve calendar quarters, provided, the reporting person remains in the service of Everbridge through the respective vesting date.
F5 Not applicable.