X0306
4
2018-09-11
0
0001437352
EVERBRIDGE, INC.
EVBG
0001291475
Hughes Robert W
C/O EVERBRIDGE, INC.
25 CORPORATE DRIVE
BURLINGTON
MA
01803
0
1
0
0
President, Go-to-Market
Common Stock
2018-09-11
4
M
0
12500
A
48106
D
Common Stock
2018-09-12
4
F
0
5557
61.74
D
42549
D
Common Stock
2018-09-11
4
S
0
23700
60.6828
D
34674
D
Performance-based Stock Unit
0.00
2018-09-11
4
M
0
12500
0.00
D
2027-07-01
Common Stock
12500
0
D
Employee Stock Option (Right to Buy)
23.60
2018-09-11
4
M
0
15625
0.00
D
2027-07-31
Common Stock
15625
109375
D
Restricted stock units convert into common stock on a one-for-one basis.
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 September 11, 2018, from the vesting of performance-based 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 September 11, 2018.
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
Includes 200 shares of common stock acquired pursuant to the Everbridge, Inc. 2016 Employee Stock Purchase Plan.
On August 1, 2017, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 25% of the total shares on September 11, 2018.
25% of the shares originally subject to the Stock Option vested and became exercisable on July 31, 2018, and the remaining shares vest in 12 equal quarterly installments thereafter.
/s/ Elliot J. Mark, Attorney-in-Fact
2018-09-13