Bryan Reed Barney - 31 Dec 2023 Form 4 Insider Report for EVERBRIDGE, INC. (EVBG)

Role
Chief Product Officer
Signature
/s/ Noah F. Webster, Attorney-in-Fact
Issuer symbol
EVBG
Transactions as of
31 Dec 2023
Transactions value $
$-176,646
Form type
4
Filing time
02 Jan 2024, 17:29:44 UTC
Previous filing
06 Nov 2023
Next filing
06 Feb 2024
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 +25,000 +3425% 25,730 31 Dec 2023 Direct F1
transaction EVBG Common Stock Sale $-176,646 -7,509 -29.2% $23.52 18,221 02 Jan 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 -25,000 -25% $0.000000 75,000 31 Dec 2023 Common Stock 25,000 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 the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs.
F3 On December 30, 2023, the reporting person was granted restricted stock units (RSUs). 25% of the RSUs vested on December 31, 2023. The remaining RSUs will vest in equal installments over twelve calendar quarters, provided, however, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
F4 Not applicable.