Brandon Asbill - Jan 18, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ R. Brandon Asbill
Stock symbol
BAND
Transactions as of
Jan 18, 2022
Transactions value $
-$32,749
Form type
4
Date filed
1/20/2022, 03:05 PM
Previous filing
Jan 4, 2022
Next filing
Feb 28, 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 +1.45K $0.00 1.45K Jan 18, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$32.7K -505 -34.76% $64.85 948 Jan 18, 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 -1.45K -25% $0.00 4.36K Jan 18, 2022 Class A Common Stock 1.45K Direct F1, F2
* 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 18, 2021, the Reporting Person was granted 5,811 Restricted Stock Units, which vest in four equal annual installments beginning on January 18, 2022.