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