Brandon Asbill - Jan 3, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
General Counsel
Signature
/s/ R. Brandon Asbill
Stock symbol
BAND
Transactions as of
Jan 3, 2022
Transactions value $
$0
Form type
4
Date filed
1/4/2022, 04:28 PM
Next filing
Jan 20, 2022

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 Award $0 +9.49K $0.00 9.49K Jan 3, 2022 Class A Common Stock 9.49K Direct F1, F2
transaction BAND Restricted Stock Units Award $0 +3.28K $0.00 3.28K Jan 3, 2022 Class A Common Stock 3.28K Direct F1, F3
* 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 3, 2022, the Reporting Person was granted 9,488 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024.
F3 On January 3, 2022, the Reporting Person was granted 3,284 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023.

Remarks:

Exhibit 24 - Power of Attorney.