Anthony Bartolo - Jul 1, 2024 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Operating Officer
Signature
/s/ Leah Webb, Attorney-in-Fact for Anthony F. Bartolo
Stock symbol
BAND
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/3/2024, 04:31 PM
Previous filing
May 30, 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 +26.1K +33.22% $0.00 105K Jul 1, 2024 Direct
transaction BAND Class A Common Stock Options Exercise $0 +9.04K +8.64% $0.00 114K Jul 1, 2024 Direct
transaction BAND Class A Common Stock Options Exercise $0 +27.5K +24.18% $0.00 141K Jul 1, 2024 Direct

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 -26.1K -50% $0.00 26.1K Jul 1, 2024 Class A Common Stock 26.1K Direct F1, F2
transaction BAND Restricted Stock Units Options Exercise $0 -9.04K -50% $0.00 9.04K Jul 1, 2024 Class A Common Stock 9.04K Direct F1, F3
transaction BAND Restricted Stock Units Options Exercise $0 -27.5K -41.67% $0.00 38.5K Jul 1, 2024 Class A Common Stock 27.5K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Anthony Bartolo is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Bandwidth Inc. (the "Company") Class A Common Stock.
F2 On March 21, 2022, the Reporting Person was granted 104,384 RSUs, one fourth of which vested on the first and second anniversary of the date of grant and 26,096 of the remaining RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 26,096 unvested RSUs were forfeited.
F3 On November 28, 2022, the Reporting Person was granted 36,171 RSUs, one third of which vested on the first anniversary of the date of grant, 3,014 RSUs vested on each of February 28, 2024 and May 28, 2024, and 9,043 of the remaining RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 9,043 unvested RSUs were forfeited.
F4 On November 28, 2023, the Reporting Person was granted 65,978 RSUs, 27,491 RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 38,487 unvested RSUs were forfeited.