Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BAND | Class A Common Stock | Options Exercise | $0 | +387 | +6.25% | $0.00 | 6.58K | Jun 30, 2021 | Direct | |
transaction | BAND | Class A Common Stock | Sale | -$52.4K | -387 | -5.89% | $135.43* | 6.19K | Jul 2, 2021 | Direct | F1, F2 |
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 | -387 | -14.31% | $0.00 | 2.32K | Jun 30, 2021 | Class A Common Stock | 387 | Direct | F3, F4 |
Id | Content |
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F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.35 to $ 135.49. The reporting person undertakes to provide Bandwidth Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F3 | Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. |
F4 | On January 2, 2021, the Reporting Person was granted 3,090 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2021, and the remainder vest in three equal annual installments beginning on January 2, 2023. |