Bandwidth Inc. — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Murdock John C. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Class A Common Stock	M	454	—	Acquired	49008	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-31	Restricted Stock Units	$	M	454	Disposed		Class A Common Stock (454.0)	Direct
2020-01-02	Restricted Stock Units	$	A	2336	Acquired		Class A Common Stock (2336.0)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.

F2: The Restricted Stock Units vested in four equal quarterly installments beginning on March 31, 2019.

F3: The Restricted Stock Units vest in four equal quarterly installments beginning on March 31, 2020.