Bandwidth Inc. — Director's Dealing 2020

Mar 27, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2020-03-24

Reporting Person: Mullen Scott (Chief Technology Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	30055	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class A Common Stock (5811.0)		Direct
Restricted Stock Units	$		Class A Common Stock (3930.0)		Direct
Restricted Stock Units	$		Class A Common Stock (6370.0)		Direct
Stock option (right to buy)	$9.57	2025-11-04	Class A Common Stock (1563.0)		Direct
Stock option (right to buy)	$18.4	2027-08-24	Class A Common Stock (46875.0)		Direct

Footnotes

F1: On February 21, 2018, the Reporting Person was granted 11,623 Restricted Stock Units of which 5,812 shares are vested and the remaining 5,811 vest in two equal annual installments beginning on February 21, 2021.

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

F3: On January 2, 2019, the Reporting Person was granted 7,861 Restricted Stock Units of which 3,931 shares are vested and the remaining 3,930 shares vest in three equal annual installments beginning on January 2, 2021.

F4: On January 2, 2020, the Reporting Person was granted 6,370 Restricted Stock Units, 3,185 of which vest in four equal quarterly installments beginning March 31, 2020, and the remainder of which vest in three equal annual installments beginning on January 2, 2022.

F5: The stock option is fully vested and currently exercisable.

F6: The stock option is vested as to 31,250 shares. The remainder of the shares vest in two equal annual installments beginning on August 24, 2020.