David Wagner - Jan 31, 2024 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
/s/Noah F. Webster, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
Jan 31, 2024
Transactions value $
-$76,717
Form type
4
Date filed
2/1/2024, 04:29 PM
Previous filing
Nov 2, 2023
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +12.5K +26.62% 59.4K Jan 31, 2024 Direct F1
transaction EVBG Common Stock Tax liability -$76.7K -3.43K -5.77% $22.36 56K Jan 31, 2024 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 -12.5K -9.09% $0.00 125K Jan 31, 2024 Common Stock 12.5K 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 January 31, 2024, 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 January 31, 2024.
F3 On July 27, 2022, the reporting person was granted restricted stock units (RSUs). A portion of the RSUs vested on January 31, 2024.
F4 Not applicable.