SEC Form 4 · accession 0001209191-18-022193
EVERBRIDGE, INC. · EVBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Totton
Officer — EVP, Product Mgmt, Eng & Ops
Period of report
Mar 27, 2018
Accepted (ET)
Mar 30, 2018 · 3:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001437352
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 27, 2018 | M | 12,500 | — | A | 12,500 | D | |
| Common StockF2 | Mar 28, 2018 | S | 3,881 | $35.4588 | D | 8,619 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-based Stock UnitF3 | $0.00 | Mar 27, 2018 | M | 12,500 | D | — | Jul 1, 2027 | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents the number of shares be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the performance-based stock units listed in Table II.
- F3On February 15, 2018, the reporting person was granted performance-based stock units (PSUs). The PSUs vested as to 50% of the total shares on March 27, 2018.