Ajay Nigam - May 9, 2022 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
Chief Product Officer
Signature
/s/ Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
May 9, 2022
Transactions value $
-$130,300
Form type
4
Date filed
5/11/2022, 05:29 PM
Previous filing
May 3, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +12.4K +203.5% 18.5K May 9, 2022 Direct F1
transaction EVBG Common Stock Sale -$130K -3.32K -17.97% $39.29 15.1K May 10, 2022 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 Performance-based Restricted Stock Unit Options Exercise $0 +12.4K +900% $0.00 13.8K May 9, 2022 Common Stock 12.4K $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 Performance-based restricted stock units (PSUs) 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 PSUs.
F3 On February 13, 2020, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 45% on May 9, 2022.
F4 Not applicable.