Bandwidth Inc. — Director's Dealing 2018

Dec 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2018-12-03

Reporting Person: Matton W. Christopher (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-03	Class A Common Stock	M	33178	$5.80	Acquired	33178	Direct
2018-12-03	Class A Common Stock	S	33178	$45.1401	Disposed	0	Direct
2018-12-04	Class A Common Stock	M	1822	$5.80	Acquired	1822	Direct
2018-12-04	Class A Common Stock	S	1579	$45.8002	Disposed	243	Direct
2018-12-04	Class A Common Stock	S	243	$46.64	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-03	Stock Option (Right to buy)	$5.80	M	33178	Disposed	2020-07-25	Class A Common Stock (33178)	Direct
2018-12-04	Stock Option (Right to buy)	$5.80	M	1822	Disposed	2020-07-25	Class A Common Stock (1822)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.26 to $46.22. The reporting person undertakes to provide Bandwidth Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The stock option is currently exercisable.