Daryl Raiford - Jul 21, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ Leah Webb, Attorney-in-Fact for Daryl E. Raiford
Stock symbol
BAND
Transactions as of
Jul 21, 2022
Transactions value $
-$21,100
Form type
4
Date filed
7/25/2022, 04:13 PM
Previous filing
Jul 5, 2022
Next filing
Oct 4, 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 +4.69K +44.14% $0.00 15.3K Jul 21, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$21.1K -1.14K -7.46% $18.46 14.2K Jul 21, 2022 Direct
holding BAND Class A Common Stock 1.63K Jul 21, 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 -4.69K -25% $0.00 14.1K Jul 21, 2022 Class A Common Stock 4.69K 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.