David A. Morken - Apr 25, 2023 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
Chairman & CEO, Director
Signature
/s/ Leah Webb, Attorney-in-Fact for David A. Morken
Stock symbol
BAND
Transactions as of
Apr 25, 2023
Transactions value $
-$9,245
Form type
4
Date filed
4/27/2023, 04:19 PM
Previous filing
Jan 5, 2023
Next filing
Nov 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +2.56K +7.72% $0.00 35.7K Apr 25, 2023 Direct
transaction BAND Class A Common Stock Tax liability -$9.25K -748 -2.09% $12.36 35K Apr 25, 2023 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 -2.56K -100% $0.00* 0 Apr 25, 2023 Class A Common Stock 2.56K Direct F1, F2
* 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 April 25, 2019, the Reporting Person was granted 10,245 Restricted Stock Units. The Restricted Stock Units vest in four equal annual installments beginning on April 25, 2020.