PHILLIP E. HUFF - 30 Apr 2022 Form 4 Insider Report for EVERBRIDGE, INC.

Signature
Elliot J. Mark, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
30 Apr 2022
Net transactions value
-$5,129
Form type
4
Filing time
03 May 2022, 20:09:18 UTC
Previous filing
07 Apr 2022
Next filing
22 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +343 +9% 4,139 30 Apr 2022 Direct F1
transaction EVBG Common Stock Tax liability $5,129 -119 -2.9% $43.10 4,020 30 Apr 2022 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 -343 -33% $0.000000 695 30 Apr 2022 Common Stock 343 $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 Restricted stock units convert into common stock on a one-for-one basis.
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 April 30, 2022, 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 April 29, 2022.
F3 On May 5, 2021, the reporting person was granted restricted stock units (RSUs). 33% of the RSUs vested on April 30, 2022. Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest 33% on April 30, 2023, and 34% on April 30, 2024, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
F4 Not applicable.