John C. Murdock - Oct 16, 2020 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Director
Signature
/s/ Leah Webb, Attorney-in-Fact for John C. Murdock
Stock symbol
BAND
Transactions as of
Oct 16, 2020
Transactions value $
$0
Form type
4
Date filed
4/4/2022, 05:34 PM
Next filing
Jul 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Conversion of derivative security $0 +87.8K +430.02% $0.00 108K Oct 16, 2020 Direct
transaction BAND Class A Common Stock Conversion of derivative security $0 +52.4K $0.00 52.4K Oct 16, 2020 By John C, Murdock Family Line Trust
transaction BAND Class A Common Stock Gift $0 -31.4K -28.99% $0.00 76.8K Jun 15, 2021 Direct
transaction BAND Class A Common Stock Options Exercise $0 +596 +0.78% $0.00 77.4K Mar 31, 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 Class B Common Stock Conversion of derivative security $0 -87.8K -100% $0.00* 0 Oct 16, 2020 Class A Common Stock 87.8K Direct F1
transaction BAND Class B Common Stock Conversion of derivative security $0 -52.4K -100% $0.00* 0 Oct 16, 2020 Class A Common Stock 52.4K By John C. Murdock Family Line Trust F1
transaction BAND Restricted Stock Units Options Exercise $0 -596 -25% $0.00 1.79K Mar 31, 2022 Class A Common Stock 596 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class B common stock are convertible in to Class A common stock on a 1-to-1 basis at the option of the holder and have no expiration date.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 On January 3, 2022, the Reporting Person was granted 2,384 Restricted Stock Units, which vest in four equal quarterly installments beginning on March 31, 2022.

Remarks:

Exhibit 24 - Power of Attorney