Noreen Allen - 31 Dec 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Reporting relationship: Chief Marketing Officer
Issuer ticker: BAND
Reported as of: 31 Dec 2021
Net transaction value: -$68,459
SEC form: 4
Accepted by SEC: 04 Jan 2022, 16:32:11 UTC
Prior SEC filing: 04 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ R. Brandon Asbill, Attorney-in-Fact for Noreen Allen

Key filing fact

Noreen Allen filed Form 4 for Bandwidth Inc. (BAND) on 04 Jan 2022.

Key facts

This page summarizes Noreen Allen's Form 4 filing for Bandwidth Inc. (BAND).
7 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 04 Jan 2022, 16:32.

Change

Previous filing in this sequence was filed on 04 Nov 2021.
Current net transaction value: -$68,459.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BAND transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +336
Change %: +2.8%
Price: $0.000000
Shares after: 12,360
Date: 31 Dec 2021
Ownership: Direct

BAND transaction

Class A Common Stock

Tax liability

Transaction value: $10,836
Shares: -151
Change %: -1.2%
Price: $71.76^*
Shares after: 12,209
Date: 31 Dec 2021
Ownership: Direct

BAND transaction

Class A Common Stock

Options Exercise

Transaction value: $0
Shares: +2,364
Change %: +19%
Price: $0.000000
Shares after: 14,573
Date: 02 Jan 2022
Ownership: Direct

BAND transaction

Class A Common Stock

Tax liability

Transaction value: $57,623
Shares: -803
Change %: -5.5%
Price: $71.76^*
Shares after: 13,770
Date: 02 Jan 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BAND transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -336
Change %: -20%
Price: $0.000000
Shares after: 1,340
Date: 31 Dec 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 336
Exercise price
Footnotes: F1, F2

BAND transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,346
Change %: -50%
Price: $0.000000
Shares after: 1,346
Date: 02 Jan 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,346
Exercise price
Footnotes: F1, F3

BAND transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,018
Change %: -33%
Price: $0.000000
Shares after: 2,036
Date: 02 Jan 2022
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,018
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.

Footnote F2

On January 2, 2021, the Reporting Person was granted 2,681 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2021, and the remainder vest in three equal annual installments beginning on January 2, 2023.

Footnote F3

3.On January 2, 2019, the Reporting Person was granted 8,076 Restricted Stock Units, half of which are vested and the remainder vest in three equal annual installments beginning on January 2, 2021.

Footnote F4

4.On January 2, 2020, the Reporting Person was granted 6,109 Restricted Stock Units, half of which vest in four quarterly installments in the first year beginning on March 31, 2020, and the remainder vest in three equal annual installments beginning on January 2, 2022.