Devesh Agarwal - 01 Jul 2024 Form 3 Insider Report for Bandwidth Inc. (BAND)

Signature
/s/ Leah Webb, Attorney-in-Fact for Devesh Agarwal
Issuer symbol
BAND
Transactions as of
01 Jul 2024
Net transactions value
$0
Form type
3
Filing time
11 Jul 2024, 16:24:52 UTC
Next filing
12 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BAND Class A Common Stock 19,547 01 Jul 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 01 Jul 2024 Class A Common Stock 22,111 Direct F1, F2
holding BAND Restricted Stock Units 01 Jul 2024 Class A Common Stock 12,919 Direct F2, F3
holding BAND Restricted Stock Units 01 Jul 2024 Class A Common Stock 47,127 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