Rebecca Bottorff - Jun 3, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Rebecca Bottorff
Stock symbol
BAND
Transactions as of
Jun 3, 2021
Transactions value $
-$46,008
Form type
4
Date filed
6/7/2021, 04:06 PM
Next filing
Jun 28, 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 +887 +14.24% $0.00 7.12K Jun 3, 2021 Direct
transaction BAND Class A Common Stock Sale -$46K -400 -5.62% $115.02* 6.72K Jun 4, 2021 Direct F1

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 -887 -33.33% $0.00 1.77K Jun 3, 2021 Class A Common Stock 887 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 On June 3, 2019, the Reporting Person was granted 3,548 Restricted Stock Units which vest in four equal annual installments beginning on June 3, 2020.

Remarks:

Exhibit 24 - Power of Attorney.