Vernon Irvin - Feb 28, 2022 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 03:52 PM
Previous filing
Nov 12, 2021
Next filing
May 3, 2022

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 Award $0 +63.3K $0.00 63.3K Feb 28, 2022 Common Stock 63.3K $0.00 Direct F1, F2
transaction EVBG Restricted Stock Unit Award $0 +63.3K $0.00 63.3K Feb 28, 2022 Common Stock 63.3K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units under the Everbridge, Inc. 2016 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Everbridge common stock. Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest 75% on February 28, 2023 and the remaining 25% on August 31, 2023, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
F2 Not applicable.
F3 Represents a grant of restricted stock units under the Everbridge, Inc. 2016 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Everbridge common stock. Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest 33% on February 28, 2023, 33% on February 29, 2024, and 34% on February 28, 2025, as long as the reporting person remains in the service of Everbridge through the respective vesting date.