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

Role
Chief Technology Officer
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Scott Mullen
Issuer symbol
BAND
Transactions as of
31 Dec 2021
Net transactions value
-$70,612
Form type
4
Filing time
04 Jan 2022, 16:35:43 UTC
Previous filing
04 Oct 2021
Next filing
23 Feb 2022
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 +400 +0.6% $0.000000 67,535 31 Dec 2021 Direct
transaction BAND Class A Common Stock Tax liability $12,845 -179 -0.27% $71.76* 67,356 31 Dec 2021 Direct
transaction BAND Class A Common Stock Options Exercise $0 +2,372 +3.5% $0.000000 69,728 02 Jan 2022 Direct
transaction BAND Class A Common Stock Tax liability $57,767 -805 -1.2% $71.76* 68,923 02 Jan 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% $0.000000 1,597 31 Dec 2021 Class A Common Stock 400 Direct F1, F2
transaction BAND Restricted Stock Units Options Exercise $0 -1,310 -50% $0.000000 1,310 02 Jan 2022 Class A Common Stock 1,310 Direct F1, F3
transaction BAND Restricted Stock Units Options Exercise $0 -1,062 -33% $0.000000 2,123 02 Jan 2022 Class A Common Stock 1,062 Direct F1, F4
transaction BAND Restricted Stock Units Award $0 +9,040 $0.000000 9,040 03 Jan 2022 Class A Common Stock 9,040 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.