Anthony Bartolo - Mar 21, 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Operating Officer
Signature
/s/ Leah Webb, Attorney-in-Fact for Anthony F. Bartolo
Stock symbol
BAND
Transactions as of
Mar 21, 2023
Transactions value $
-$124,042
Form type
4
Date filed
3/23/2023, 04:26 PM
Previous filing
Nov 30, 2022
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 +26.1K +118.62% $0.00 48.1K Mar 21, 2023 Direct
transaction BAND Class A Common Stock Tax liability -$124K -7.93K -16.48% $15.65 40.2K Mar 21, 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 -26.1K -25% $0.00 78.3K Mar 21, 2023 Class A Common Stock 26.1K 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 March 21, 2022, the Reporting Person was granted 104,384 Restricted Stock Units, which vest in four equal annual installments beginning on March 21, 2023.