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Bandwidth Inc. Director's Dealing 2020

Mar 2, 2020

32780_dirs_2020-03-02_eed1d034-415f-4454-888c-baf0ab974dd1.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2019-12-31

Reporting Person: Bottorff Rebecca (Chief People Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 7315 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class A Common Stock (9729.0) Direct
Restricted Stock Units $ Class A Common Stock (4071.0) Direct
Restricted Stock Units $ Class A Common Stock (3548.0) Direct
Stock option (right to buy) $9.57 2025-11-04 Class A Common Stock (13375.0) Direct

Footnotes

F1: On February 21, 2018, the Reporting Person was granted 12,972 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.

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 8,143 Restricted Stock Units of which 4,072 shares are vested and the remaining 4,071 shares vest in three equal annual installments beginning on January 2, 2021.

F4: On June 3, 2019, the Reporting Person was granted 3,548 Restricted Stock Units which vest in four equal annual installments beginning on June 3, 2020.

F5: The stock option is currently exercisable.