Brandon Asbill - 03 Jan 2023 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: 03 Jan 2023
Transactions value $: -$6,510
Form type: 4
Filing time: 05 Jan 2023, 15:17:57 UTC
Previous filing: 04 Jan 2023
Next filing: 20 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	+821	+11.26%	$0.00	8.11K	03 Jan 2023	Direct
transaction	BAND	Class A Common Stock	Tax liability	-$6.51K	-293	-3.61%	$22.22	7.82K	03 Jan 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	-821	-25%	$0.00	2.46K	03 Jan 2023	Class A Common Stock	821		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 3,284 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023.