SEC Form 4 · accession 0001209191-18-050943
EVERBRIDGE, INC. · EVBG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Imad Mouline
Officer — SVP & Chief Technology Officer
Period of report
Sep 11, 2018
Accepted (ET)
Sep 13, 2018 · 6:00 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 | Sep 11, 2018 | M | 5,625 | — | A | 220,475 | D | |
| Common StockF2,F3 | Sep 11, 2018 | F | 2,501 | $61.74 | D | 217,994 | 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 Restricted Stock UnitF4,F5 | $0.00 | Sep 11, 2018 | M | 5,625 | D | — | — | Common Stock | 5,625 | 0 | 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 September 11, 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 September 11, 2018.
- F3Includes 20 shares of common stock acquired pursuant to the Everbridge, Inc. 2016 Employee Stock Purchase Plan.
- F4On August 1, 2017, the reporting person was granted performance-based restricted stock units (PSUs). The PSUs vested as to 25% of the total shares on September 11, 2018.
- F5Not applicable.