Patrick Brickley - May 31, 2023 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
EVP and CFO
Signature
Noah F. Webster, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
May 31, 2023
Transactions value $
-$24,065
Form type
4
Date filed
6/2/2023, 04:09 PM
Previous filing
May 2, 2023
Next filing
Aug 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +2.25K +2.35% 98.2K May 31, 2023 Direct F1, F2
transaction EVBG Common Stock Sale -$24.1K -1.01K -1.03% $23.87 97.2K Jun 1, 2023 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 Restricted Stock Unit Options Exercise $0 -2.25K -8.33% $0.00 24.8K May 31, 2023 Common Stock 2.25K Direct F1, F4, F5
* 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 The Reporting Person previously reported the February 15, 2023 restricted stock unit ("RSU") award (the "Award") in Table I. The Reporting Person decided to change how the Award is reported by listing it in it Table II instead of Table I. This total excludes the 27,035 unvested RSUs subject to the Award.
F3 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F4 On February 15, 2023, the reporting person was granted restricted stock units (RSUs). The first installment of the RSUs vested on May 31, 2023. The remaining RSUs will vest in equal installments over twelve calendar quarters, provided, however, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
F5 Not applicable.