Elliot J. Mark - Jul 31, 2021 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
/s/ Elliot J. Mark
Stock symbol
EVBG
Transactions as of
Jul 31, 2021
Transactions value $
-$30,137
Form type
4
Date filed
8/3/2021, 04:52 PM
Previous filing
May 7, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +520 +5.14% 10.6K Jul 31, 2021 Direct F1
transaction EVBG Common Stock Sale -$30.1K -213 -2% $141.49* 10.4K Aug 2, 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 Restricted Stock Unit Options Exercise $0 -520 -32.97% $0.00 1.06K Jul 31, 2021 Common Stock 520 $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 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.
F3 On July 29, 2020, the reporting person was granted restricted stock units (RSUs). The RSUs vested as to 33% on July 31, 2021.
F4 Not applicable.