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

Role
Chief Financial Officer
Signature
/s/ Gabriela Gonzalez, Attorney-in-Fact
Stock symbol
BAND
Transactions as of
Jun 30, 2021
Transactions value $
-$32,549
Form type
4
Date filed
7/2/2021, 04:16 PM
Next filing
Aug 4, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAND Class A Common Stock Options Exercise $0 +527 +3.65% $0.00 15K Jun 30, 2021 Direct
transaction BAND Class A Common Stock Tax liability -$32.5K -236 -1.58% $137.92* 14.7K Jun 30, 2021 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 -527 -14.29% $0.00 3.16K Jun 30, 2021 Class A Common Stock 527 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 January 2, 2021, the Reporting Person was granted 4,216 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.