Kade Ross - 12 May 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ Leah Webb, Attorney-in-Fact for Kade Ross
Issuer symbol
BAND
Transactions as of
12 May 2022
Net transactions value
-$1,344
Form type
4
Filing time
16 May 2022, 16:02:51 UTC
Previous filing
04 Apr 2022
Next filing
05 Jul 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 +232 +2.7% $0.000000 8,713 12 May 2022 Direct
transaction BAND Class A Common Stock Sale $1,344 -66 -0.76% $20.36 8,647 13 May 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 Restricted Stock Units Options Exercise $0 -232 -33% $0.000000 465 12 May 2022 Class A Common Stock 232 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 May 12, 2020, the Reporting Person was granted 930 Restricted Stock Units, which vest in four equal annual installments beginning on May 12, 2021.