Bandwidth Inc. — Director's Dealing 2019

Feb 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2019-02-21

Reporting Person: Hoffman Jeffrey A. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-21	Class A Common Stock	M	4997	$0.00	Acquired	4997	Direct
2019-02-21	Class A Common Stock	F	1484	$52.25	Disposed	3513	Direct
2019-02-22	Class A Common Stock	M	5445	$9.16	Acquired	8958	Direct
2019-02-22	Class A Common Stock	S	5000	$52.95	Disposed	3958	Direct
2019-02-22	Class A Common Stock	S	445	$54.45	Disposed	3513	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-21	Restricted Stock Units	$	M	4997	Disposed		Class A Common Stock (4997)	Direct
2019-02-22	Stock Option (right to buy)	$9.16	M	5445	Disposed	2024-06-03	Class A Common Stock (5445)	Direct

Footnotes

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

F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.

F3: On February 21, 2018, the Reporting Person was granted 19,988 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.

F4: The stock option is current exercisable.