Brandon Asbill - Dec 31, 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
General Counsel
Signature
/s/ Leah Webb, Attorney-in-Fact for R. Brandon Asbill
Stock symbol
BAND
Transactions as of
Dec 31, 2022
Transactions value $
-$8,033
Form type
4
Date filed
1/4/2023, 03:49 PM
Previous filing
Nov 30, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +1.19K +18.37% $0.00 7.64K Dec 31, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$8.03K -350 -4.58% $22.95 7.29K Dec 31, 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 -1.19K -20% $0.00 4.74K Dec 31, 2022 Class A Common Stock 1.19K 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 9,488 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.