Vernon Irvin - Nov 8, 2022 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
EVP & Chief Revenue Officer
Signature
/s/ Elliot J. Mark, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Nov 8, 2022
Transactions value $
-$328,390
Form type
4
Date filed
11/10/2022, 04:26 PM
Previous filing
Oct 4, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +15K +130.32% 26.5K Nov 8, 2022 Direct F1
transaction EVBG Common Stock Options Exercise +434 +1.64% 26.9K Nov 8, 2022 Direct F1
transaction EVBG Common Stock Sale -$124K -4.44K -16.49% $27.85 22.5K Nov 9, 2022 Direct F2
transaction EVBG Common Stock Sale -$205K -6.64K -29.49% $30.84 15.9K Nov 10, 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 Performance-based Restricted Stock Unit Options Exercise $0 -15K -100% $0.00* 0 Nov 8, 2022 Common Stock 15K $0.00 Direct F4, F5
transaction EVBG Performance-based Restricted Stock Unit Options Exercise $0 -434 -31.04% $0.00 964 Nov 8, 2022 Common Stock 434 $0.00 Direct F5, F6
* 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 Represent tax withholding obligations.
F4 On October 24, 2019, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 60% on November 8, 2022.
F5 Not applicable.
F6 On July 29, 2020, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 45% on November 8, 2022.