Daryl E. Raiford - 31 Mar 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Financial Officer
Signature
/s/ Leah Webb, Attorney-in-Fact for Daryl E. Raiford
Issuer symbol
BAND
Transactions as of
31 Mar 2022
Net transactions value
-$12,988
Form type
4
Filing time
04 Apr 2022, 17:42:05 UTC
Previous filing
28 Feb 2022
Next filing
05 Jul 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 +1,646 +20% $0.000000 9,781 31 Mar 2022 Direct
transaction BAND Class A Common Stock Tax liability $12,988 -401 -4.1% $32.39 9,380 31 Mar 2022 Direct
holding BAND Class A Common Stock 1,625 31 Mar 2022 By IRA

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 -1,646 -12% $0.000000 11,523 31 Mar 2022 Class A Common Stock 1,646 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 January 3, 2022, the Reporting Person was granted 13,169 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024.

Remarks:

Exhibit 24 - Power of Attorney