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Bandwidth Inc. — Director's Dealing 2022
Jan 4, 2022
32780_dirs_2022-01-04_7058242f-c5ff-4110-9521-c08941382706.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2021-12-31
Reporting Person: Mullen Scott (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-31 | Class A Common Stock | M | 400 | — | Acquired | 67535 | Direct |
| 2021-12-31 | Class A Common Stock | F | 179 | $71.76 | Disposed | 67356 | Direct |
| 2022-01-02 | Class A Common Stock | M | 2372 | — | Acquired | 69728 | Direct |
| 2022-01-02 | Class A Common Stock | F | 805 | $71.76 | Disposed | 68923 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-31 | Restricted Stock Units | $ | M | 400 | Disposed | Class A Common Stock (400.0) | Direct | |
| 2022-01-02 | Restricted Stock Units | $ | M | 1310 | Disposed | Class A Common Stock (1310.0) | Direct | |
| 2022-01-02 | Restricted Stock Units | $ | M | 1062 | Disposed | Class A Common Stock (1062.0) | Direct | |
| 2022-01-03 | Restricted Stock Units | $ | A | 9040 | Acquired | Class A Common Stock (9040.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F2: On January 2, 2021, the Reporting Person was granted 3,195 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2021, and the remainder vest in three equal annual installments beginning on January 2, 2023.
F3: On January 2, 2019, the Reporting Person was granted 7,861 Restricted Stock Units, half of which vested, and the remainder 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, half of which vest in four equal quarterly installments beginning March 31, 2020, and the remainder vest in three equal annual installments beginning on January 2, 2022.
F5: On January 3, 2022, the Reporting Person was granted 9,040 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024.