Patrick Brickley - May 10, 2021 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role: SVP, Chief Financial Officer
Signature: /s/ Elliot J. Mark, Attorney-in-Fact
Stock symbol: EVBG
Transactions as of: May 10, 2021
Transactions value $: -$1,529,583
Form type: 4
Date filed: 5/12/2021, 04:27 PM
Previous filing: May 7, 2021
Next filing: Jun 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVBG	Common Stock	Options Exercise		+31.3K	+4960.32%		31.9K	May 10, 2021	Direct	F1
transaction	EVBG	Common Stock	Sale	-$1.53M	-13.5K	-42.5%	$112.90^*	18.3K	May 11, 2021	Direct	F2

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	Performance-based Restricted Stock Unit	Options Exercise	$0	-31.3K	-50%	$0.00	31.3K	May 10, 2021	Common Stock	31.3K	$0.00	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance-based restricted stock units (PSUs) convert into common stock on a one-for-one basis.
F2	Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F3	On January 1, 2019, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 50% on May 10, 2021.
F4	Not applicable.