Noreen Allen - Sep 30, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Chief Marketing Officer
Signature: /s/ R. Brandon Asbill, Attorney-in-Fact for Noreen Allen
Stock symbol: BAND
Transactions as of: Sep 30, 2021
Transactions value $: -$13,542
Form type: 4
Date filed: 10/4/2021, 04:32 PM
Previous filing: Aug 4, 2021
Next filing: Nov 4, 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	+335	+2.84%	$0.00	12.1K	Sep 30, 2021	Direct
transaction	BAND	Class A Common Stock	Tax liability	-$13.5K	-150	-1.24%	$90.28^*	12K	Sep 30, 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	-335	-16.66%	$0.00	1.68K	Sep 30, 2021	Class A Common Stock	335		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	On January 2, 2021, the Reporting Person was granted 2,681 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.