Brandon Asbill - 31 Dec 2022 Form 4 Insider Report for Bandwidth Inc. (BAND)

Role
General Counsel
Signature
/s/ Leah Webb, Attorney-in-Fact for R. Brandon Asbill
Issuer symbol
BAND
Transactions as of
31 Dec 2022
Net transactions value
-$8,032
Form type
4
Filing time
04 Jan 2023, 15:49:40 UTC
Previous filing
30 Nov 2022
Next filing
05 Jan 2023
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 +1,186 +18% $0.000000 7,642 31 Dec 2022 Direct
transaction BAND Class A Common Stock Tax liability $8,032 -350 -4.6% $22.95 7,292 31 Dec 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 -1,186 -20% $0.000000 4,744 31 Dec 2022 Class A Common Stock 1,186 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 3, 2022, the Reporting Person was granted 9,488 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024.