Scott Mullen - Dec 31, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Technology Officer
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Scott Mullen
Stock symbol
BAND
Transactions as of
Dec 31, 2021
Transactions value $
-$70,612
Form type
4
Date filed
1/4/2022, 04:35 PM
Previous filing
Oct 4, 2021
Next filing
Feb 23, 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 +400 +0.6% $0.00 67.5K Dec 31, 2021 Direct
transaction BAND Class A Common Stock Tax liability -$12.8K -179 -0.27% $71.76* 67.4K Dec 31, 2021 Direct
transaction BAND Class A Common Stock Options Exercise $0 +2.37K +3.52% $0.00 69.7K Jan 2, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$57.8K -805 -1.15% $71.76* 68.9K Jan 2, 2022 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 -400 -20.03% $0.00 1.6K Dec 31, 2021 Class A Common Stock 400 Direct F1, F2
transaction BAND Restricted Stock Units Options Exercise $0 -1.31K -50% $0.00 1.31K Jan 2, 2022 Class A Common Stock 1.31K Direct F1, F3
transaction BAND Restricted Stock Units Options Exercise $0 -1.06K -33.34% $0.00 2.12K Jan 2, 2022 Class A Common Stock 1.06K Direct F1, F4
transaction BAND Restricted Stock Units Award $0 +9.04K $0.00 9.04K Jan 3, 2022 Class A Common Stock 9.04K Direct F1, F5
* 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 2, 2021, the Reporting Person was granted 3,195 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2021, and the remainder vest in three equal annual installments beginning on January 2, 2023.
F3 On January 2, 2019, the Reporting Person was granted 7,861 Restricted Stock Units, half of which vested, and the remainder vest in three equal annual installments beginning on January 2, 2021.
F4 On January 2, 2020, the Reporting Person was granted 6,370 Restricted Stock Units, half of which vest in four equal quarterly installments beginning March 31, 2020, and the remainder vest in three equal annual installments beginning on January 2, 2022.
F5 On January 3, 2022, the Reporting Person was granted 9,040 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.