Douglas A. Suriano - Dec 31, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Director
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Douglas A. Suriano
Stock symbol
BAND
Transactions as of
Dec 31, 2021
Transactions value $
-$6,994
Form type
4
Date filed
1/4/2022, 04:17 PM
Previous filing
Oct 4, 2021
Next filing
Apr 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 +244 +4.5% $0.00 5.66K Dec 31, 2021 Direct
transaction BAND Class A Common Stock Sale -$6.99K -98 -1.73% $71.37* 5.56K Jan 3, 2022 Direct F1

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 -244 -100% $0.00* 0 Dec 31, 2021 Class A Common Stock 244 Direct F2, F3
transaction BAND Restricted Stock Units Award $0 +2.38K $0.00 2.38K Jan 3, 2022 Class A Common Stock 2.38K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 On January 2, 2021, the Reporting Person was granted 976 Restricted Stock Units, which vest in four equal quarterly installments beginning on March 31, 2021.
F4 On January 3, 2022, the Reporting Person was granted 2,384 Restricted Stock Units, which vest in four equal quarterly installments beginning on March 31, 2022.