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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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
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
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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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	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

Restricted stock units convert into common stock on a one-for-one basis.
The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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.
Not applicable
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.
On August 22, 2018, the reporting person was granted restricted stock units (RSUs). The RSUs vested on August 31, 2019.
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.