PHILLIP E. HUFF - 30 Jun 2023 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
Noah F. Webster, Attorney-in-Fact
Issuer symbol
EVBG
Transactions as of
30 Jun 2023
Net transactions value
-$3,712
Form type
4
Filing time
30 Jun 2023, 18:12:31 UTC
Previous filing
02 May 2023
Next filing
10 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +399 +4.9% 8,584 30 Jun 2023 Direct F1
transaction EVBG Common Stock Tax liability $3,712 -138 -1.6% $26.90 8,446 30 Jun 2023 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 -13% $0.000000 2,790 30 Jun 2023 Common Stock 399 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the contingent right to receive one share of Everbridge common stock.
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, 2023, 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, 2023.
F3 On March 16, 2022, the reporting person was granted restricted stock units (RSUs). A portion of the RSUs vested on June 30, 2023.
F4 Not applicable.