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

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Gabriela Gonzalez
Stock symbol
BAND
Transactions as of
Dec 31, 2021
Transactions value $
-$62,779
Form type
4
Date filed
1/4/2022, 04:37 PM
Previous filing
Nov 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 +286 +3.58% $0.00 8.28K Dec 31, 2021 Direct
transaction BAND Class A Common Stock Options Exercise $0 +2.04K +24.66% $0.00 10.3K Jan 2, 2022 Direct
transaction BAND Class A Common Stock Sale -$9.17K -132 -1.28% $69.48 10.2K Jan 3, 2022 Direct F1
transaction BAND Class A Common Stock Sale -$53.6K -732 -7.19% $73.23 9.45K 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 -286 -19.97% $0.00 1.15K Dec 31, 2021 Class A Common Stock 286 Direct F2, F3
transaction BAND Restricted Stock Units Options Exercise $0 -1.16K -50% $0.00 1.16K Jan 2, 2022 Class A Common Stock 1.16K Direct F2, F4
transaction BAND Restricted Stock Units Options Exercise $0 -879 -33.33% $0.00 1.76K Jan 2, 2022 Class A Common Stock 879 Direct F2, F5
transaction BAND Restricted Stock Units Award $0 +7.55K $0.00 7.55K Jan 3, 2022 Class A Common Stock 7.55K Direct F2, F6
* 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 2,292 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.
F4 On January 2, 2019, the Reporting Person was granted 6,973 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2019, and the remainder vest in three equal annual installments beginning on January 2, 2021.
F5 On January 2, 2020, the Reporting Person ws granted 5,274 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2020, and the remainder vest in three equal annual installments beginning on January 2, 2022.
F6 On January 3, 2022, the Reporting Person was granted 7,551 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.