Kade Ross - Oct 8, 2020 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Kade Ross
Stock symbol
BAND
Transactions as of
Oct 8, 2020
Transactions value $
-$26,488
Form type
4
Date filed
10/12/2021, 04:18 PM
Next filing
May 13, 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 +312 +7.78% $0.00 4.32K Oct 8, 2020 Direct
transaction BAND Class A Common Stock Tax liability -$16K -92 -2.13% $173.82* 4.23K Oct 8, 2020 Direct
transaction BAND Class A Common Stock Options Exercise $0 +312 +7.37% $0.00 4.54K Oct 8, 2021 Direct
transaction BAND Class A Common Stock Tax liability -$10.5K -133 -2.93% $78.92* 4.41K Oct 8, 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 -312 -25.02% $0.00 935 Oct 8, 2020 Class A Common Stock 312 Direct F1, F2
transaction BAND Restricted Stock Units Options Exercise $0 -312 -33.37% $0.00 623 Oct 8, 2021 Class A Common Stock 312 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 October 8, 2019, the Reporting Person was granted 1,247 Restricted Stock Units which vest in four equal annual installments beginning on October 8, 2020.