Rebecca Bottorff - Feb 21, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Rebecca Bottorff
Stock symbol
BAND
Transactions as of
Feb 21, 2022
Transactions value $
-$49,969
Form type
4
Date filed
2/23/2022, 03:30 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 +3.24K +39.01% $0.00 11.6K Feb 21, 2022 Direct
transaction BAND Class A Common Stock Sale -$25.4K -500 -4.33% $50.73 11.1K Feb 22, 2022 Direct F1
transaction BAND Class A Common Stock Sale -$24.6K -485 -4.39% $50.73 10.6K Feb 22, 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 -3.24K -100% $0.00* 0 Feb 21, 2022 Class A Common Stock 3.24K Direct F2, F3
* 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 February 21, 2018, the Reporting Person was granted 12,972 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.