Daryl E. Raiford - 21 Jul 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: 21 Jul 2022
Net transactions value: -$21,100
Form type: 4
Filing time: 25 Jul 2022, 16:13:33 UTC
Previous filing: 05 Jul 2022
Next filing: 04 Oct 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	+4,690	+44%	$0.000000	15,315	21 Jul 2022	Direct
transaction	BAND	Class A Common Stock	Tax liability	$21,100	-1,143	-7.5%	$18.46	14,172	21 Jul 2022	Direct
holding	BAND	Class A Common Stock						1,625	21 Jul 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	-4,690	-25%	$0.000000	14,070	21 Jul 2022	Class A Common Stock	4,690		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	The Restricted Stock Units vest in four equal annual installments beginning on July 21, 2022.