Bandwidth Inc. — Director's Dealing 2019

May 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2019-05-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-14	Class A Common Stock	C	275000	—	Acquired	277845	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-14	Class B Common Stock	$	C	275000	Disposed		Class A Common Stock (275000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1977)	1977	Indirect
Class B Common Stock	$		Class A Common Stock (1977)	1977	Indirect
Class B Common Stock	$		Class A Common Stock (1977)	1977	Indirect
Class B Common Stock	$		Class A Common Stock (1977)	1977	Indirect
Class B Common Stock	$		Class A Common Stock (1977)	1977	Indirect
Class B Common Stock	$		Class A Common Stock (1977)	1977	Indirect

Footnotes

F1: 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.