Bandwidth Inc. — Director's Dealing 2021

May 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2021-05-12

Reporting Person: Ross Kade (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-12	Class A Common Stock	M	233	—	Acquired	4177	Direct
2021-05-13	Class A Common Stock	S	72	$113.35	Disposed	4105	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-12	Restricted Stock Units	$	M	233	Disposed		Class A Common Stock (233.0)	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 vest in four equal annual installments beginning on May 12, 2021.