Scott Mullen - 30 Sep 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Chief Technology Officer
Signature: /s/ R. Brandon Asbill, Attorney-in-Fact for Scott Mullen
Issuer symbol: BAND
Transactions as of: 30 Sep 2021
Net transactions value: -$16,160
Form type: 4
Filing time: 04 Oct 2021, 16:38:07 UTC
Previous filing: 02 Jul 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BAND	Class A Common Stock	Options Exercise	$0	+399	+0.6%	$0.000000	67,314	30 Sep 2021	Direct
transaction	BAND	Class A Common Stock	Tax liability	$16,160	-179	-0.27%	$90.28^*	67,135	30 Sep 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	-399	-17%	$0.000000	1,997	30 Sep 2021	Class A Common Stock	399		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 3,195 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.