R. Brandon Asbill - 18 Jan 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
General Counsel
Signature
/s/ Leah Webb, Attorney-in-Fact for R. Brandon Asbill
Issuer symbol
BAND
Transactions as of
18 Jan 2023
Net transactions value
-$10,432
Form type
4
Filing time
20 Jan 2023, 15:18:18 UTC
Previous filing
05 Jan 2023
Next filing
30 Nov 2023
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 +1,453 +19% $0.000000 9,273 18 Jan 2023 Direct
transaction BAND Class A Common Stock Tax liability $10,432 -502 -5.4% $20.78 8,771 18 Jan 2023 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 -1,453 -33% $0.000000 2,905 18 Jan 2023 Class A Common Stock 1,453 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 18, 2021, the Reporting Person was granted 5,811 Restricted Stock Units, which vest in four equal annual installments beginning on January 18, 2022.