Devin M. Krupka - Mar 21, 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Controller, PAO
Signature
/s/ Leah Webb, Attorney-in-Fact for Devin M. Krupka
Stock symbol
BAND
Transactions as of
Mar 21, 2023
Transactions value $
-$8,169
Form type
4
Date filed
3/23/2023, 04:29 PM
Previous filing
Mar 3, 2023
Next filing
Apr 18, 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 +1.84K +155.97% $0.00 3.02K Mar 21, 2023 Direct
transaction BAND Class A Common Stock Tax liability -$8.17K -522 -17.27% $15.65 2.5K 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 -1.84K -25% $0.00 5.53K Mar 21, 2023 Class A Common Stock 1.84K 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 7,368 Restricted Stock Units, which vest in four equal annual installments beginning on March 21, 2023.