PHILLIP E. HUFF - 30 Apr 2023 Form 4 Insider Report for EVERBRIDGE, INC.

Role
VP, Chief Accounting Officer
Signature
Noah F. Webster, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
30 Apr 2023
Net transactions value
-$4,625
Form type
4
Filing time
02 May 2023, 16:11:52 UTC
Previous filing
04 Apr 2023
Next filing
30 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBG Common Stock Options Exercise +342 +4.4% 8,183 30 Apr 2023 Direct F1
transaction EVBG Common Stock Tax liability $3,048 -116 -1.4% $26.28 8,067 30 Apr 2023 Direct F2
transaction EVBG Common Stock Options Exercise +178 +2.2% 8,245 30 Apr 2023 Direct F1
transaction EVBG Common Stock Tax liability $1,577 -60 -0.73% $26.28 8,185 30 Apr 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 Options Exercise $0 -342 -49% $0.000000 353 30 Apr 2023 Common Stock 342 Direct F1, F3, F4
transaction EVBG Restricted Stock Unit Options Exercise $0 -178 -11% $0.000000 1,426 30 Apr 2023 Common Stock 178 Direct F1, F4, F5
* 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 April 30, 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 April 30, 2023.
F3 On May 5, 2021, the reporting person was granted restricted stock units (RSUs). 33% of the RSUs vested on April 30, 2023. Subject to accelerated vesting in certain circumstances, the remaining restricted stock units are scheduled to vest 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.
F5 On April 5, 2022, the reporting person was granted restricted stock units (RSUs). A portion of the RSUs vested on April 30, 2023.