Scott Mullen - 30 Sep 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Chief Technology Officer
Signature: /s/ Leah Webb, Attorney-in-Fact for Scott Mullen
Issuer symbol: BAND
Transactions as of: 30 Sep 2022
Net transactions value: -$3,963
Form type: 4
Filing time: 04 Oct 2022, 17:07:04 UTC
Previous filing: 05 Jul 2022
Next filing: 30 Nov 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	+1,130	+1.6%	$0.000000	73,697	30 Sep 2022	Direct
transaction	BAND	Class A Common Stock	Tax liability	$3,963	-333	-0.45%	$11.90	73,364	30 Sep 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	-1,130	-17%	$0.000000	5,650	30 Sep 2022	Class A Common Stock	1,130		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 9,040 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.