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

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Scott Mullen
Stock symbol
BAND
Transactions as of
Feb 21, 2022
Transactions value $
-$43,930
Form type
4
Date filed
2/23/2022, 03:34 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 +2.91K +4.22% $0.00 71.8K Feb 21, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$43.9K -856 -1.19% $51.32 71K 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 -2.91K -100% $0.00* 0 Feb 21, 2022 Class A Common Stock 2.91K 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 11,623 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.