Phillip E. Huff - Apr 30, 2023 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
VP, Chief Accounting Officer
Signature
Noah F. Webster, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Apr 30, 2023
Transactions value $
-$8,265
Form type
4
Date filed
8/2/2023, 05:27 PM
Previous filing
Apr 4, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +178 +2.11% 8.62K Jul 31, 2023 Direct F1
transaction EVBG Common Stock Tax liability -$1.91K -62 -0.72% $30.84 8.56K Jul 31, 2023 Direct F2
transaction EVBG Common Stock Options Exercise +593 +6.93% 9.16K Jul 31, 2023 Direct F1
transaction EVBG Common Stock Tax liability -$6.35K -206 -2.25% $30.84 8.95K Jul 31, 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 Award $0 +7.12K $0.00 7.12K Apr 30, 2023 Common Stock 7.12K Direct F1, F3, F4
transaction EVBG Restricted Stock Unit Options Exercise $0 -593 -8.33% $0.00 6.53K Jul 31, 2023 Common Stock 593 Direct F1, F4, F5
transaction EVBG Restricted Stock Unit Options Exercise $0 -178 -12.48% $0.00 1.25K Jul 31, 2023 Common Stock 178 Direct F1, F4, F6
* 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 July 31, 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 July 31, 2023.
F3 The restricted stock units are scheduled to vest in equal installments over twelve calendar quarters, with the first such installment vesting on July 31, 2023, such that all of the restricted stock units will be vested on July 31, 2026, provided, however, as long as the Reporting Person remains in the service of Everbridge through the respective vesting date.
F4 Not applicable.
F5 On April 30, 2023, the reporting person was granted restricted stock units (RSUs). A portion of the RSUs vested on July 31, 2023.
F6 On April 5, 2022, the reporting person was granted restricted stock units (RSUs). A portion of the RSUs vested on July 31, 2023.