Brandon Asbill - Jan 18, 2023 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
Jan 18, 2023
Transactions value $
-$10,432
Form type
4
Date filed
1/20/2023, 03:18 PM
Previous filing
Jan 5, 2023
Next filing
Nov 30, 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 +1.45K +18.58% $0.00 9.27K Jan 18, 2023 Direct
transaction BAND Class A Common Stock Tax liability -$10.4K -502 -5.41% $20.78 8.77K Jan 18, 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 -1.45K -33.34% $0.00 2.91K Jan 18, 2023 Class A Common Stock 1.45K 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.