Gabriela Gonzalez - 21 Feb 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Sr. Vp Finance, Controller
Signature: /s/ R. Brandon Asbill, Attorney-in-Fact for Gabriela Gonzalez
Issuer symbol: BAND
Transactions as of: 21 Feb 2022
Net transactions value: -$43,780
Form type: 4
Filing time: 23 Feb 2022, 15:36:38 UTC
Previous filing: 04 Jan 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	+2,848	+30%	$0.000000	12,301	21 Feb 2022	Direct
transaction	BAND	Class A Common Stock	Sale	$25,364	-500	-4.1%	$50.73	11,801	22 Feb 2022	Direct	F1
transaction	BAND	Class A Common Stock	Sale	$18,416	-363	-3.1%	$50.73	11,438	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	-2,848	-100%	$0.000000^*	0	21 Feb 2022	Class A Common Stock	2,848		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 11,391 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.