Noreen Allen - Nov 2, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Noreen Allen
Stock symbol
BAND
Transactions as of
Nov 2, 2021
Transactions value $
-$2,300
Form type
4
Date filed
11/4/2021, 04:19 PM
Previous filing
Oct 4, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +60 +0.5% $0.00 12.1K Nov 2, 2021 Direct
transaction BAND Class A Common Stock Tax liability -$2.3K -27 -0.22% $85.17* 12K Nov 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 -60 -20.2% $0.00 237 Nov 2, 2021 Class A Common Stock 60 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.