Rebecca Bottorff - 03 Jun 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role: Chief People Officer, Director
Signature: /s/ Leah Webb, Attorney-in-Fact for Rebecca Bottorff
Issuer symbol: BAND
Transactions as of: 03 Jun 2023
Net transactions value: -$3,213
Form type: 4
Filing time: 06 Jun 2023, 16:41:32 UTC
Previous filing: 04 Jan 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	+887	+5.4%	$0.000000	17,326	03 Jun 2023	Direct
transaction	BAND	Class A Common Stock	Sale	$3,213	-268	-1.5%	$11.99	17,058	05 Jun 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%	$0.000000^*	0	03 Jun 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.