Patrick Brickley - 10 May 2021 Form 4 Insider Report for EVERBRIDGE, INC.

Signature
/s/ Elliot J. Mark, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
10 May 2021
Net transactions value
-$1,529,583
Form type
4
Filing time
12 May 2021, 16:27:27 UTC
Previous filing
07 May 2021
Next filing
22 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +31,250 +4960% 31,880 10 May 2021 Direct F1
transaction EVBG Common Stock Sale $1,529,583 -13,548 -42% $112.90* 18,332 11 May 2021 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 Performance-based Restricted Stock Unit Options Exercise $0 -31,250 -50% $0.000000 31,250 10 May 2021 Common Stock 31,250 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-based restricted stock units (PSUs) convert into common stock on a one-for-one basis.
F2 Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F3 On January 1, 2019, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 50% on May 10, 2021.
F4 Not applicable.