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

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Rebecca Bottorff
Issuer symbol
BAND
Transactions as of
21 Feb 2022
Net transactions value
-$49,969
Form type
4
Filing time
23 Feb 2022, 15:30:09 UTC
Previous filing
04 Jan 2022
Next filing
04 Apr 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 +3,243 +39% $0.000000 11,557 21 Feb 2022 Direct
transaction BAND Class A Common Stock Sale $25,364 -500 -4.3% $50.73 11,057 22 Feb 2022 Direct F1
transaction BAND Class A Common Stock Sale $24,605 -485 -4.4% $50.73 10,572 22 Feb 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 -3,243 -100% $0.000000* 0 21 Feb 2022 Class A Common Stock 3,243 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.