Ajay Nigam - May 31, 2022 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
Chief Product Officer
Signature
Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
May 31, 2022
Transactions value $
-$15,421
Form type
4
Date filed
6/2/2022, 04:44 PM
Previous filing
May 11, 2022
Next filing
Aug 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +1.27K +8.36% 16.4K May 31, 2022 Direct F1
transaction EVBG Common Stock Sale -$15.4K -365 -2.22% $42.25 16K Jun 1, 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 Restricted Stock Unit Options Exercise $0 -1.27K -8.33% $0.00 13.9K May 31, 2022 Common Stock 1.27K $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 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 On February 28, 2022, the reporting person was granted restricted stock units (RSUs). Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest in equal installments over twelve calendar quarters, with the first such installment vesting on May 31, 2022, such that all of the restricted stock units will be vested on May 31, 2025, provided, however, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
F4 Not applicable.