John C. Murdock - Nov 28, 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Director
Signature
/s/ Leah Webb, Attorney-in-Fact for John C. Murdock
Stock symbol
BAND
Transactions as of
Nov 28, 2023
Transactions value $
$0
Form type
4
Date filed
11/30/2023, 07:36 PM
Previous filing
Aug 30, 2023
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +2.15K +2.51% $0.00 87.8K Nov 28, 2023 Direct
holding BAND Class A Common Stock 52.4K Nov 28, 2023 By John C. Murdock Family Line Trust

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 -2.15K -100% $0.00* 0 Nov 28, 2023 Class A Common Stock 2.15K Direct F1, F2
transaction BAND Restricted Stock Units Award $0 +15.7K $0.00 15.7K Nov 28, 2023 Class A Common Stock 15.7K Direct F1, F3
* 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 November 28, 2022, the Reporting Person was granted 8,612 Restricted Stock Units, which vested in four equal quarterly installments beginning on February 28, 2023.
F3 On November 28, 2023, the Reporting Person was granted 15,709 Restricted Stock Units, which vest in four equal quarterly installments beginning on February 28, 2024.