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

Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Gabriela Gonzalez
Stock symbol
BAND
Transactions as of
Feb 21, 2022
Transactions value $
-$43,780
Form type
4
Date filed
2/23/2022, 03:36 PM
Previous filing
Jan 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 +2.85K +30.13% $0.00 12.3K Feb 21, 2022 Direct
transaction BAND Class A Common Stock Sale -$25.4K -500 -4.06% $50.73 11.8K Feb 22, 2022 Direct F1
transaction BAND Class A Common Stock Sale -$18.4K -363 -3.08% $50.73 11.4K 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 -2.85K -100% $0.00* 0 Feb 21, 2022 Class A Common Stock 2.85K 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.