SEC Form 4 · accession 0001209191-18-041664
EVERBRIDGE, INC. · EVBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jaime Wallace Ellertson
Officer — CEO & Chairman · Director
Period of report
Jul 1, 2018
Accepted (ET)
Jul 5, 2018 · 4:39 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 | Jul 1, 2018 | M | 16,500 | — | A | 557,133 | D | |
| Common StockF2 | Jul 2, 2018 | F | 7,335 | $47.42 | D | 549,798 | D | |
| Common Stock | Jul 3, 2018 | S | 5,338 | $47.1574 | D | 544,460 | D | |
| Common Stock | Jul 3, 2018 | S | 3,827 | $46.9107 | D | 540,633 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | $0.00 | Jul 1, 2018 | M | 16,500 | D | — | — | Common Stock | 16,500 | 33,500 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Represents 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 July 1, 2018, from the vesting of restricted 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 June 29, 2018.
- F3The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F4On August 1, 2017, the reporting person was granted restricted stock units (RSUs). The RSUs vested as to 33% of the total shares on July 1, 2018.
- F5Not applicable.