Bandwidth Inc. — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2021-03-13

Reporting Person: Carreker Marina C. (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-13	Class A Common Stock	M	612	—	Acquired	1136	Direct
2021-03-13	Class A Common Stock	F	182	$127.72	Disposed	954	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-13	Restricted Stock Units	$	M	612	Disposed		Class A Common Stock (612.0)	Direct

Footnotes

F1: This filing relates to the occurrence of a RSU vesting event and associated withholding of shares by the Company to cover the Reporting Person's tax obligations. The shares of Class A Common Stock reported herein remain subject to a lock-up agreement with the initial purchasers of $250 million principal amount of 0.50% convertible senior notes due 2028.

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

F3: The Restricted Stock Units vest in two equal annual installments beginning on March 13, 2021.