Kade Ross - 12 May 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Kade Ross
Issuer symbol
BAND
Transactions as of
12 May 2021
Net transactions value
-$8,161
Form type
4
Filing time
13 May 2021, 16:04:11 UTC
Previous filing
12 Oct 2021
Next filing
15 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +233 +5.9% $0.000000 4,177 12 May 2021 Direct
transaction BAND Class A Common Stock Sale $8,161 -72 -1.7% $113.35* 4,105 13 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BAND Restricted Stock Units Options Exercise $0 -233 -25% $0.000000 697 12 May 2021 Class A Common Stock 233 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F2 The Restricted Stock Units vest in four equal annual installments beginning on May 12, 2021.

Remarks:

Exhibit 24 - Power of Attorney.