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

Role
Director
Signature
/s/ Leah Webb, Attorney-in-Fact for John C. Murdock
Issuer symbol
BAND
Transactions as of
28 Nov 2023
Net transactions value
$0
Form type
4
Filing time
30 Nov 2023, 19:36:10 UTC
Previous filing
30 Aug 2023
Next filing
08 Apr 2024
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 +2,153 +2.5% $0.000000 87,801 28 Nov 2023 Direct
holding BAND Class A Common Stock 52,409 28 Nov 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 -2,153 -100% $0.000000* 0 28 Nov 2023 Class A Common Stock 2,153 Direct F1, F2
transaction BAND Restricted Stock Units Award $0 +15,709 $0.000000 15,709 28 Nov 2023 Class A Common Stock 15,709 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.