David A. Morken - 02 Nov 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Chairman & CEO, Director, 10%+ Owner
Signature: /s/ Leah Webb, Attorney-in-Fact for David A. Morken
Issuer symbol: BAND
Transactions as of: 02 Nov 2022
Net transactions value: -$2,456
Form type: 4
Filing time: 04 Nov 2022, 16:05:48 UTC
Previous filing: 04 Oct 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	+316	+1.6%	$0.000000	20,502	02 Nov 2022	Direct
transaction	BAND	Class A Common Stock	Tax liability	$2,456	-141	-0.69%	$17.42	20,361	02 Nov 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	-316	-33%	$0.000000	634	02 Nov 2022	Class A Common Stock	316		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	One half of the Restricted Stock Units vest in four, equal quarterly installments beginning on February 2, 2021 and the remaining shares vest in three, equal annual installments beginning on November 2, 2022.