Phillip E. Huff - Jun 30, 2022 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Jun 30, 2022
Transactions value $
-$3,849
Form type
4
Date filed
7/1/2022, 04:06 PM
Previous filing
Nov 22, 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 +399 +8.47% 5.11K Jun 30, 2022 Direct F1
transaction EVBG Common Stock Tax liability -$3.85K -138 -2.7% $27.89 4.97K Jun 30, 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 -399 -8.34% $0.00 4.38K Jun 30, 2022 Common Stock 399 $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 shares of Common Stock withheld by the Company to satisfy tax withholding obligations in connection with the net issuance of shares of Common Stock delivered to the Reporting Person on June 30, 2022, from the vesting of restricted stock units. Shares withheld by the Company to satisfy tax withholding obligations (and the net issuance) are based on the closing price of the Company's Common Stock on June 30, 2022.
F3 On March 16, 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 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.
F4 Not applicable.