4//SEC Filing
MATHY KENT 4
Accession 0000950170-24-080786
CIK 0001437352other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 5:30 PM ET
Size
8.1 KB
Accession
0000950170-24-080786
Insider Transaction Report
Form 4
EVERBRIDGE, INC.EVBG
MATHY KENT
Director
Transactions
- Disposition to Issuer
Common Stock
2024-07-02$35.00/sh−20,115$704,025→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2024-07-02−5,000→ 0 totalExercise: $24.87From: 2018-05-16Exp: 2027-05-16→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]On July 2, 2024, Project Emerson Merger Sub, Inc. ("Merger Sub") completed its merger (the "Merger") with and into the Issuer pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of February 29, 2024 (the "Merger Agreement"), by and among the Issuer, Everbridge Holdings, LLC (formerly known as Project Emerson Parent, LLC) ("Parent"), and Merger Sub, which amends and restates that certain Agreement and Plan of Merger, dated as of February 4, 2024, by and among the Issuer, Parent and Merger Sub.
- [F2]At the effective time of the Merger (the "Effective Time"), each outstanding share of common stock was cancelled and converted into the right to receive a cash payment per share of $35.00, without interest, subject to the terms and conditions of the Merger Agreement (the "Merger Consideration").
- [F3]This option was fully vested at the Effective Time. At the Effective Time, each fully vested Option was cancelled and converted solely into the right to receive a cash payment equal to (a) the total number of shares of common stock subject to such vested Option multiplied by (b) the excess, if any, of the Merger Consideration over the per share exercise price of such vested Option, without interest, subject to the terms and conditions of the Merger Agreement.
Documents
Issuer
EVERBRIDGE, INC.
CIK 0001437352
Entity typeother
Related Parties
1- filerCIK 0001684548
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 5:30 PM ET
- Size
- 8.1 KB