Kade Ross - 08 Oct 2020 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Chief Information Officer
Signature: /s/ R. Brandon Asbill, Attorney-in-Fact for Kade Ross
Issuer symbol: BAND
Transactions as of: 08 Oct 2020
Net transactions value: -$26,488
Form type: 4
Filing time: 12 Oct 2021, 16:18:29 UTC
Previous filing: 01 Nov 2024
Next filing: 13 May 2021
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	+312	+7.8%	$0.000000	4,323	08 Oct 2020	Direct
transaction	BAND	Class A Common Stock	Tax liability	$15,991	-92	-2.1%	$173.82^*	4,231	08 Oct 2020	Direct
transaction	BAND	Class A Common Stock	Options Exercise	$0	+312	+7.4%	$0.000000	4,543	08 Oct 2021	Direct
transaction	BAND	Class A Common Stock	Tax liability	$10,496	-133	-2.9%	$78.92^*	4,410	08 Oct 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%	$0.000000	935	08 Oct 2020	Class A Common Stock	312		Direct	F1, F2
transaction	BAND	Restricted Stock Units	Options Exercise	$0	-312	-33%	$0.000000	623	08 Oct 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.