Kade Ross - 30 Jun 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
30 Jun 2022
Net transactions value
-$5,364
Form type
4
Filing time
05 Jul 2022, 17:01:10 UTC
Previous filing
16 May 2022
Next filing
04 Oct 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 +965 +11% $0.000000 9,612 30 Jun 2022 Direct
transaction BAND Class A Common Stock Tax liability $5,364 -285 -3% $18.82 9,327 30 Jun 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 -965 -14% $0.000000 5,789 30 Jun 2022 Class A Common Stock 965 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 7,719 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.