Filing Details

Accession Number:
0001209191-19-048293
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-04 18:06:19
Reporting Period:
2019-08-30
Accepted Time:
2019-09-04 18:06:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1437352 Everbridge Inc. EVBG Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1605965 J. Elliot Mark C/O Everbridge, Inc.
25 Corporate Drive
Burlington MA 01803
Svp & General Counsel No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-08-31 1,394 $0.00 11,018 No 4 M Direct
Common Stock Disposition 2019-09-03 1,394 $86.20 9,624 No 4 S Direct
Common Stock Disposition 2019-09-03 3,500 $86.55 9,624 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Acquisiton 2019-08-30 2,558 $0.00 2,558 $0.00
Common Stock Performance-based Restricted Stock Unit Acquisiton 2019-08-30 2,558 $0.00 2,558 $0.00
Common Stock Restricted Stock Unit Disposition 2019-09-03 1,394 $0.00 1,394 $0.00
Common Stock Employee Stock Option (Right to Buy) Disposition 2019-09-03 3,500 $0.00 3,500 $14.66
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,558 No 4 A Direct
2,558 2022-11-15 No 4 A Direct
2,831 No 4 M Direct
4,413 2026-01-06 No 4 M Direct
Footnotes
  1. Restricted stock units convert into common stock on a one-for-one basis.
  2. The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  3. Represents a grant of restricted stock units under the Everbridge, Inc. 2016 Equity Incentive Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Everbridge common stock. Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest 33% on August 31, 2020, 33% on August 31, 2021, and 34% on August 31, 2022, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
  4. Not applicable
  5. Represents a grant of performance-based restricted stock units ("PSU") under the Everbridge, Inc. 2016 Equity Incentive Plan. Each PSU represents the contingent right to receive, upon vesting of the unit, one share of Everbridge common stock. Up to sixty-two and one-half percent (62.5%) of the PSUs will become eligible to vest at the end of the fiscal quarter after the second anniversary of the grant date based on the compound annual growth rate ("CAGR") achieved during the eight fiscal quarters preceding the then most recent fiscal quarter, and up to an additional sixty-two and one-half percent (62.5%) of the PSUs will become eligible to vest at the end of the fiscal quarter after the third anniversary of the grant date based on the CAGR achieved during the 12 fiscal quarters preceding the then most recent fiscal quarter.
  6. On August 22, 2018, the reporting person was granted restricted stock units (RSUs). The RSUs vested on August 31, 2019.
  7. 25% of the shares originally subject to the Stock Option will vest and become exercisable on November 16, 2016, and the remaining shares vest in 12 equal quarterly installments thereafter.