Home/Filings/4/0001209191-22-014772
4//SEC Filing

Mark Elliot J. 4

Accession 0001209191-22-014772

CIK 0001437352other

Filed

Mar 1, 7:00 PM ET

Accepted

Mar 2, 4:35 PM ET

Size

9.1 KB

Accession

0001209191-22-014772

Insider Transaction Report

Form 4
Period: 2022-02-28
Mark Elliot J.
SVP & General Counsel
Transactions
  • Award

    Performance-based Restricted Stock Unit

    2022-02-28+15,18215,182 total
    Exercise: $0.00Exp: 2032-02-27Common Stock (15,182 underlying)
  • Award

    Restricted Stock Unit

    2022-02-28+15,18215,182 total
    Exercise: $0.00Common Stock (15,182 underlying)
Footnotes (3)
  • [F1]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 February 28, 2023, and the remaining 67% will vest in equal installments over the next eight calendar quarters, with the first such installment vesting on May 31, 2023, such that all of the RSUs will be vested by February 28, 2025, as long as the reporting person remains in the service of Everbridge through the respective vesting date.
  • [F2]Not applicable.
  • [F3]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 seventy-five percent (75%) 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 seventy-five percent (75%) 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.

Issuer

EVERBRIDGE, INC.

CIK 0001437352

Entity typeother

Related Parties

1
  • filerCIK 0001605965

Filing Metadata

Form type
4
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 4:35 PM ET
Size
9.1 KB