Bandwidth Inc. — Director's Dealing 2019

Jun 14, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2019-06-11

Reporting Person: Kaestner Henry R. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-11	Class A Common Stock	G	250000	$0.00	Disposed	27845	Direct
2019-06-11	Class A Common Stock	G	220000	$0.00	Acquired	220000	Indirect
2019-06-11	Class A Common Stock	S	10000	$73.0003	Disposed	210000	Indirect
2019-06-12	Class A Common Stock	S	13894	$75.9077	Disposed	196106	Indirect
2019-06-13	Class A Common Stock	S	26106	$76.1915	Disposed	170000	Indirect

Footnotes

F1: The members of AMDG 1, LLC are AMDG Unitrust No. 1 and AMDG Unitrust No. 2 (together, the "Trusts"). The trustees of each of the Trusts are the Reporting Person, his spouse and Timothy Oakley. Each of the foregoing individuals disclaims beneficial ownership of the shares held by AMDG 1, LLC except to the extent of his or her pecuniary interest, if any.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.00 to $73.02. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.835 to $76.21. The reporting person undertakes to provide 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.00 to $76.50. The reporting person undertakes to provide 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.