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

Role
Chief Marketing Officer
Signature
/s/ R. Brandon Asbill, Attorney-in-Fact for Noreen Allen
Stock symbol
BAND
Transactions as of
Dec 31, 2021
Transactions value $
-$68,459
Form type
4
Date filed
1/4/2022, 04:32 PM
Previous filing
Nov 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 +336 +2.79% $0.00 12.4K Dec 31, 2021 Direct
transaction BAND Class A Common Stock Tax liability -$10.8K -151 -1.22% $71.76* 12.2K Dec 31, 2021 Direct
transaction BAND Class A Common Stock Options Exercise $0 +2.36K +19.36% $0.00 14.6K Jan 2, 2022 Direct
transaction BAND Class A Common Stock Tax liability -$57.6K -803 -5.51% $71.76* 13.8K Jan 2, 2022 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
transaction BAND Restricted Stock Units Options Exercise $0 -336 -20.05% $0.00 1.34K Dec 31, 2021 Class A Common Stock 336 Direct F1, F2
transaction BAND Restricted Stock Units Options Exercise $0 -1.35K -50% $0.00 1.35K Jan 2, 2022 Class A Common Stock 1.35K Direct F1, F3
transaction BAND Restricted Stock Units Options Exercise $0 -1.02K -33.33% $0.00 2.04K Jan 2, 2022 Class A Common Stock 1.02K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
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.
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.
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.