David A. Morken - Feb 21, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for David A. Morken
Stock symbol
BAND
Transactions as of
Feb 21, 2022
Transactions value $
-$117,882
Form type
4
Date filed
2/23/2022, 03:26 PM
Previous filing
Jan 4, 2022
Next filing
Apr 4, 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 +6.23K +55.65% $0.00 17.4K Feb 21, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$118K -2.3K -13.19% $51.32 15.1K Feb 21, 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 -6.23K -100% $0.00* 0 Feb 21, 2022 Class A Common Stock 6.23K 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 February 21, 2018, the Reporting Person was granted 24,907 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.