David Alexander Meredith - Jul 31, 2021 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
/s/ Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Jul 31, 2021
Transactions value $
-$4,916,572
Form type
4
Date filed
8/3/2021, 04:49 PM
Previous filing
May 7, 2021
Next filing
Aug 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +33K +8593.75% 33.4K Jul 31, 2021 Direct F1
transaction EVBG Common Stock Options Exercise +4.95K +14.83% 38.3K Jul 31, 2021 Direct F1
transaction EVBG Common Stock Options Exercise +2.66K +6.94% 41K Jul 31, 2021 Direct F1
transaction EVBG Common Stock Sale -$4.92M -34.7K -85.41% $141.76* 5.93K Aug 2, 2021 Direct F2, 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 Unit Options Exercise $0 -33K -49.25% $0.00 34K Jul 31, 2021 Common Stock 33K $0.00 Direct F4, F5
transaction EVBG Restricted Stock Unit Options Exercise $0 -4.95K -33% $0.00 10.1K Jul 31, 2021 Common Stock 4.95K $0.00 Direct F5, F6
transaction EVBG Restricted Stock Unit Options Exercise $0 -2.66K -33% $0.00 5.4K Jul 31, 2021 Common Stock 2.66K $0.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units (RSUs) 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. Also includes sales effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3 Includes 384 shares of common stock disposed of as a bona fide gift.
F4 On July 25, 2019, the reporting person was granted restricted stock units (RSUs). The RSUs vested as to 33% on July 31, 2021.
F5 Not applicable.
F6 On July 29, 2020, the reporting person was granted restricted stock units (RSUs). The RSUs vested as to 33% on July 31, 2021.