Devin M. Krupka - 14 Apr 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Controller, PAO
Signature: /s/ Leah Webb, Attorney-in-Fact for Devin M. Krupka
Issuer symbol: BAND
Transactions as of: 14 Apr 2023
Net transactions value: -$332
Form type: 4
Filing time: 18 Apr 2023, 16:38:26 UTC
Previous filing: 23 Mar 2023
Next filing: 06 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	+80	+3.2%	$0.000000	2,581	14 Apr 2023	Direct
transaction	BAND	Class A Common Stock	Tax liability	$332	-24	-0.93%	$13.83	2,557	14 Apr 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	-80	-50%	$0.000000	80	14 Apr 2023	Class A Common Stock	80		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 April 14, 2020, the Reporting Person was granted 321 Restricted Stock Units, which vest in four equal annual installments beginning on April 14, 2021.