Kade Ross - 12 May 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Information Officer
Signature
/s/ Leah Webb, Attorney-in-Fact for Kade Ross
Issuer symbol
BAND
Transactions as of
12 May 2023
Net transactions value
-$785
Form type
4
Filing time
16 May 2023, 16:53:48 UTC
Previous filing
07 Feb 2023
Next filing
30 Aug 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 +233 +1.8% $0.000000 13,151 12 May 2023 Direct
transaction BAND Class A Common Stock Sale $785 -70 -0.53% $11.22 13,081 15 May 2023 Direct F1

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 -233 -50% $0.000000 232 12 May 2023 Class A Common Stock 233 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares sold to cover taxes upon the vesting of restricted stock units on May 12, 2023.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 On May 12, 2020, the Reporting Person was granted 930 Restricted Stock Units, which vest in four equal annual installments beginning on May 12, 2021.