Bandwidth Inc. — Director's Dealing 2020

May 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2020-05-08

Reporting Person: GONZALEZ GABRIELA (Sr. Vp Finance, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-08	Class A Common Stock	M	500	$9.16	Acquired	7687	Direct
2020-05-08	Class A Common Stock	M	5000	$7.70	Acquired	12687	Direct
2020-05-08	Class A Common Stock	S	500	$109.16	Disposed	12187	Direct
2020-05-08	Class A Common Stock	S	5000	$107.70	Disposed	7187	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-08	Stock option (right to buy)	$9.16	M	500	Disposed	2024-05-07	Class A Common Stock (500.0)	Direct
2020-05-08	Stock option (right to buy)	$7.7	M	5000	Disposed	2024-01-16	Class A Common Stock (5000.0)	Direct

Footnotes

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

F2: The stock option is currently exercisable.