0000950170-24-038188.txt : 20240328
0000950170-24-038188.hdr.sgml : 20240328
20240328172752
ACCESSION NUMBER: 0000950170-24-038188
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240307
FILED AS OF DATE: 20240328
DATE AS OF CHANGE: 20240328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rockvam David E
CENTRAL INDEX KEY: 0001678037
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37874
FILM NUMBER: 24800631
MAIL ADDRESS:
STREET 1: 2711 N. HASKELL AVENUE
STREET 2: SUITE 2300
CITY: DALLAS
STATE: TX
ZIP: 75204
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EVERBRIDGE, INC.
CENTRAL INDEX KEY: 0001437352
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 25 CORPORATE DRIVE
STREET 2: SUITE 400
CITY: BURLINGTON
STATE: MA
ZIP: 01803
BUSINESS PHONE: 818-230-9700
MAIL ADDRESS:
STREET 1: 25 CORPORATE DRIVE
STREET 2: SUITE 400
CITY: BURLINGTON
STATE: MA
ZIP: 01803
FORMER COMPANY:
FORMER CONFORMED NAME: 3N GLOBAL INC
DATE OF NAME CHANGE: 20080611
4
1
ownership.xml
4
X0508
4
2024-03-07
0001437352
EVERBRIDGE, INC.
EVBG
0001678037
Rockvam David E
25 CORPORATE DRIVE
4TH FLOOR
BURLINGTON
MA
01803
false
true
false
false
Chief Financial Officer
false
Restricted Stock Units
2024-03-07
4
A
false
115000
0.00
A
Common Stock
115000
115000
D
Performance Stock Unit
2024-03-07
4
A
false
115000
0.00
A
Common Stock
115000
115000
D
Each restricted stock unit represents the contingent right to receive one share of Everbridge common stock.
Represents a restricted stock unit ("RSU") award. Twenty-five percent (25%) of the total number of RSUs shall vest on February 28, 2025 and the remaining RSUs shall vest in 12 equal quarterly installments thereafter, subject to the Reporting Person remaining in the service of Issuer through each vesting date.
Not applicable.
Represents a grant of performance-based restricted stock units ("PSU") under the Issuer's 2022 Inducement Plan. Each PSU represents the contingent right to receive, upon vesting of the unit, one share of the Issuer's common stock. Upon the filing of Everbridge's Form 10-Q for the quarter ended March 31, 2026, up to 62.5% of the PSUs will become eligible to vest based on (a) the compound annual growth rate (CAGR) achieved during the eight fiscal quarters ending December 31, 2025, weighted at 50%, and (b) the adjusted earnings before interest, taxes, depreciation, and amortization ("AEBITDA"), weighted at 50%. Upon the filing of Everbridge's Form 10-Q for the quarter ended March 31, 2027, up to an additional 62.5% of the PSUs will become eligible to vest based on (a) the CAGR achieved during the twelve fiscal quarters ending December 31, 2026, weighted at 50%, and (b) the AEBITDA weighted at 50%.
/s/ Noah F. Webster, Attorney-in-Fact
2024-03-28