AI assistant
Bandwidth Inc. — Director's Dealing 2018
Jan 3, 2018
32780_dirs_2018-01-03_67a47ba7-3ab7-4725-818a-7f37b2844c1b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2017-12-29
Reporting Person: Matton W. Christopher (General Counsel)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-12-29 | Warrants (right to buy) | $5.80 | M | 2437 | Disposed | 2017-12-31 | Class B Common Stock (2437) | Direct |
| 2017-12-29 | Class B Common Stock | $ | M | 2437 | Acquired | Class A Common Stock (2437) | Direct | |
| 2017-12-29 | Class B Common Stock | $ | F | 612 | Disposed | Class A Common Stock (612) | Direct |
Footnotes
F1: The warrants are currently exercisable.
F2: The shares of Class B common stock are convertible in to Class A common stock on a 1-to-1 basis at the option of the holder and have no expiration date.
F3: On December 29, 2017, the reporting person exercised a warrant to purchase 2,437 shares of the Issuer's Class B Common Stock for $5.80 a share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 612 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining shares. The Issuer also paid $2.19 to the reporting person in lieu of a fractional share.