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

Role
Director
Signature
/s/ Leah Webb, Attorney-in-Fact for John C. Murdock
Issuer symbol
BAND
Transactions as of
16 Oct 2020
Net transactions value
$0
Form type
4
Filing time
04 Apr 2022, 17:34:03 UTC
Next filing
02 Jul 2021
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 Conversion of derivative security $0 +87,759 +430% $0.000000 108,167 16 Oct 2020 Direct
transaction BAND Class A Common Stock Conversion of derivative security $0 +52,409 $0.000000 52,409 16 Oct 2020 By John C, Murdock Family Line Trust
transaction BAND Class A Common Stock Gift $0 -31,363 -29% $0.000000 76,804 15 Jun 2021 Direct
transaction BAND Class A Common Stock Options Exercise $0 +596 +0.78% $0.000000 77,400 31 Mar 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 -87,759 -100% $0.000000* 0 16 Oct 2020 Class A Common Stock 87,759 Direct F1
transaction BAND Class B Common Stock Conversion of derivative security $0 -52,409 -100% $0.000000* 0 16 Oct 2020 Class A Common Stock 52,409 By John C. Murdock Family Line Trust F1
transaction BAND Restricted Stock Units Options Exercise $0 -596 -25% $0.000000 1,788 31 Mar 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