Phillip E. Huff - Mar 1, 2024 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
/s/ Noah F. Webster, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Mar 1, 2024
Transactions value $
$4,337
Form type
4
Date filed
3/5/2024, 05:30 PM
Previous filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Sale -$2.51K -71 -0.63% $35.30 11.2K Mar 1, 2024 Direct F1
transaction EVBG Common Stock Award $6.84K +332 +2.97% $20.61 11.5K Mar 1, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2023.
F2 These shares were acquired under the Issuers Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).