John Di Leo - May 31, 2024 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Signature
/s/ Noah F. Webster, Attorney-in-Fact
Stock symbol
EVBG
Transactions as of
May 31, 2024
Transactions value $
-$52,989
Form type
4
Date filed
6/4/2024, 04:15 PM
Previous filing
Mar 5, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +6.25K +31.31% 26.2K May 31, 2024 Direct F1
transaction EVBG Common Stock Sale -$53K -1.52K -5.81% $34.77 24.7K Jun 3, 2024 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 -6.25K -8.33% $0.00 68.8K May 31, 2024 Common Stock 6.25K Direct F1, 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 ("RSU") represents the contingent right to receive one share of Issuer common stock.
F2 Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.75 to $34.78 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 25% of the RSUs vested on February 29, 2024. The remaining RSUs will vest in equal installments over twelve calendar quarters, provided, the reporting person remains in the service of Everbridge through the respective vesting date.