Vernon Irvin - Apr 30, 2022 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
Co-CEO & Chief Revenue Officer
Signature
Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Apr 30, 2022
Transactions value $
-$34,227
Form type
4
Date filed
5/3/2022, 08:10 PM
Previous filing
Mar 2, 2022
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +2.74K +993.12% 3.02K Apr 30, 2022 Direct F1
transaction EVBG Common Stock Sale -$34.2K -794 -25.03% $43.11 2.38K May 2, 2022 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 -2.74K -33% $0.00 5.57K Apr 30, 2022 Common Stock 2.74K $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F3 Includes 155 shares of common stock acquired pursuant to the Everbridge, Inc. 2016 Employee Stock Purchase Plan.
F4 On May 5, 2021, the reporting person was granted restricted stock units (RSUs). A portion of the RSUs vested on April 30, 2022. Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest 33% on April 30, 2023, and 34% on April 30, 2024, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
F5 Not applicable.