Devesh Agarwal - Jul 1, 2024 Form 3 Insider Report for Bandwidth Inc. (BAND)

Role
Chief Software Strategy Officer and Interim Chief Operating Officer
Signature
/s/ Leah Webb, Attorney-in-Fact for Devesh Agarwal
Stock symbol
BAND
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
3
Date filed
7/11/2024, 04:24 PM
Next filing
Aug 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BAND Class A Common Stock 19.5K 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
holding BAND Restricted Stock Units Jul 1, 2024 Class A Common Stock 22.1K Direct F1, F2
holding BAND Restricted Stock Units Jul 1, 2024 Class A Common Stock 12.9K Direct F2, F3
holding BAND Restricted Stock Units Jul 1, 2024 Class A Common Stock 47.1K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 8, 2022, the Reporting Person was granted 29,481 Restricted Stock Units ("RSUs"), which vest in four equal annual installments beginning on August 8, 2023.
F2 Each RSU represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
F3 On November 28, 2022, the Reporting Person was granted 25,837 RSUs, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2024.
F4 On November 28, 2023, the Reporting Person was granted 47,127 RSUs, one third of which vest on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025.

Remarks:

Chief Software Strategy Officer and Interim Chief Operating Officer