David A. Morken - Aug 2, 2021 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for David A. Morken
Stock symbol
BAND
Transactions as of
Aug 2, 2021
Transactions value $
-$14,135
Form type
4
Date filed
8/4/2021, 04:07 PM
Previous filing
Jul 2, 2021
Next filing
Oct 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 +238 +12.16% $0.00 2.2K Aug 2, 2021 Direct
transaction BAND Class A Common Stock Sale -$14.1K -110 -5.01% $128.50* 2.09K Aug 3, 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 -238 -16.69% $0.00 1.19K Aug 2, 2021 Class A Common Stock 238 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 One half of the Restricted Stock Units vest in four, equal quarterly installments beginning on February 2, 2021 and the remaining shares vest in three, equal annual installments beginning on November 2, 2022.