Kade Ross - 28 Aug 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ Leah Webb, Attorney-in-Fact for Kade Ross
Issuer symbol
BAND
Transactions as of
28 Aug 2023
Net transactions value
$0
Form type
4
Filing time
30 Aug 2023, 16:25:14 UTC
Previous filing
16 May 2023
Next filing
11 Oct 2023

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 Award $0 +5,353 $0.000000 5,353 28 Aug 2023 Class A Common Stock 5,353 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 August 28, 2023, the Reporting Person was granted 5,353 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares vest in eight quarterly installments beginning on November 28, 2024.