Jeffrey A. Hoffman - Aug 2, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Financial Officer
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Jeffrey A. Hoffman
Stock symbol
BAND
Transactions as of
Aug 2, 2021
Transactions value $
-$6,845
Form type
4
Date filed
8/4/2021, 04:13 PM
Previous filing
Jul 2, 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 +118 +0.8% $0.00 14.9K Aug 2, 2021 Direct
transaction BAND Class A Common Stock Tax liability -$6.85K -53 -0.36% $129.16* 14.8K Aug 2, 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 -118 -16.57% $0.00 594 Aug 2, 2021 Class A Common Stock 118 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 One half of the Restricted Stock Units vest in four, equal quarterly installments beginning on February 2, 2021 and the remaining shares vest in three, equal annual installments beginning on November 2, 2022.