SEC Form 4 · accession 0001209191-18-045101
EVERBRIDGE, INC. · EVBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Hughes
Officer — President
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 7:07 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 31, 2018 | M | 16,500 | — | A | 42,941 | D | |
| Common StockF2 | Jul 31, 2018 | F | 7,335 | $44.98 | D | 35,606 | 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 UnitF3,F4 | $0.00 | Jul 31, 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 31, 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 July 31, 2018.
- F3On August 1, 2017, the reporting person was granted restricted stock units (RSUs). The RSUs vested as to 33% of the total shares on July 31, 2018.
- F4Not applicable.