Rebecca Bottorff - Jun 3, 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ Leah Webb, Attorney-in-Fact for Rebecca Bottorff
Stock symbol
BAND
Transactions as of
Jun 3, 2023
Transactions value $
-$3,213
Form type
4
Date filed
6/6/2023, 04:41 PM
Previous filing
Jan 4, 2023
Next filing
Aug 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 +887 +5.4% $0.00 17.3K Jun 3, 2023 Direct
transaction BAND Class A Common Stock Sale -$3.21K -268 -1.55% $11.99 17.1K Jun 5, 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 -887 -100% $0.00* 0 Jun 3, 2023 Class A Common Stock 887 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 June 3, 2023, which was effected pursuant to a Rule 10b5-1 trading plan that was intended to comply with the prior version of the rule.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 On June 3, 2019, the Reporting Person was granted 3,548 Restricted Stock Units which vest in four equal annual installments beginning on June 3, 2020.