David A. Morken - Jun 30, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Gabriela Gonzalez, Attorney-in-Fact
Stock symbol
BAND
Transactions as of
Jun 30, 2021
Transactions value $
-$48,263
Form type
4
Date filed
7/2/2021, 04:08 PM
Next filing
Aug 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +766 +49.55% $0.00 2.31K Jun 30, 2021 Direct
transaction BAND Class A Common Stock Sale -$48.3K -355 -15.35% $135.95* 1.96K Jul 2, 2021 Direct F1

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 -766 -14.29% $0.00 4.59K Jun 30, 2021 Class A Common Stock 766 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3 On January 2, 2021, the Reporting Person was granted 6,126 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.

Remarks:

Exhibit 24 - Power of Attorney.