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

Role: General Counsel
Signature: /s/ R. Brandon Asbill
Issuer symbol: BAND
Transactions as of: 18 Jan 2022
Net transactions value: -$32,749
Form type: 4
Filing time: 20 Jan 2022, 15:05:19 UTC
Previous filing: 04 Jan 2022
Next filing: 28 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	+1,453		$0.000000	1,453	18 Jan 2022	Direct
transaction	BAND	Class A Common Stock	Tax liability	$32,749	-505	-35%	$64.85	948	18 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	-1,453	-25%	$0.000000	4,358	18 Jan 2022	Class A Common Stock	1,453		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.