Vernon Irvin - 08 Nov 2022 Form 4 Insider Report for EVERBRIDGE, INC.

Role
EVP & Chief Revenue Officer
Signature
/s/ Elliot J. Mark, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
08 Nov 2022
Net transactions value
-$328,390
Form type
4
Filing time
10 Nov 2022, 16:26:37 UTC
Previous filing
04 Oct 2022
Next filing
17 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +15,000 +130% 26,510 08 Nov 2022 Direct F1
transaction EVBG Common Stock Options Exercise +434 +1.6% 26,944 08 Nov 2022 Direct F1
transaction EVBG Common Stock Sale $123,756 -4,443 -16% $27.85 22,501 09 Nov 2022 Direct F2
transaction EVBG Common Stock Sale $204,634 -6,636 -29% $30.84 15,865 10 Nov 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 -15,000 -100% $0.000000* 0 08 Nov 2022 Common Stock 15,000 $0.000000 Direct F4, F5
transaction EVBG Performance-based Restricted Stock Unit Options Exercise $0 -434 -31% $0.000000 964 08 Nov 2022 Common Stock 434 $0.000000 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.