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 | +4.78K | $0.00 | 4.78K | Mar 16, 2022 | Common Stock | 4.78K | $0.00 | Direct | F1, F2 | |
transaction | EVBG | Performance-based Restricted Stock Unit | Award | $0 | +4.78K | $0.00 | 4.78K | Mar 16, 2022 | Common Stock | 4.78K | $0.00 | Direct | F3 |
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. The restricted stock units are scheduled to vest in equal installments over twelve calendar quarters, with the first such installment vesting on June 30, 2022, such that all of the restricted stock units will be vested on June 30, 2024, provided, however, 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 performance-based restricted stock units ("PSU") under the Everbridge, Inc. 2016 Equity Incentive Plan. Each PSU represents the contingent right to receive, upon vesting of the unit, one share of Everbridge common stock. Up to seventy-five percent (75%) of the PSUs will become eligible to vest at the end of the fiscal quarter after the second anniversary of the grant date based on the compound annual growth rate ("CAGR") achieved during the eight fiscal quarters preceding the then most recent fiscal quarter, and up to an additional seventy-five percent (75%) of the PSUs will become eligible to vest at the end of the fiscal quarter after the third anniversary of the grant date based on the CAGR achieved during the 12 fiscal quarters preceding the then most recent fiscal quarter. |