Bandwidth Inc. — Director's Dealing 2018

May 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2018-03-31

Reporting Person: Kaestner Henry R. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-31	Class A Common Stock	A	822	$0.00	Acquired	1201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-31	Restricted Stock Units	$	M	822	Disposed		Class A Common Stock (822)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.

F2: On January 24, 2018, the Reporting Person was granted 3,288 Restricted Stock Units which vest in four equal quarterly installments beginning on March 31, 2018.