Bandwidth Inc. — Director's Dealing 2022

Jan 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2021-12-31

Reporting Person: Allen Noreen (Chief Marketing Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-31	Class A Common Stock	M	336	—	Acquired	12360	Direct
2021-12-31	Class A Common Stock	F	151	$71.76	Disposed	12209	Direct
2022-01-02	Class A Common Stock	M	2364	—	Acquired	14573	Direct
2022-01-02	Class A Common Stock	F	803	$71.76	Disposed	13770	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-31	Restricted Stock Units	$	M	336	Disposed		Class A Common Stock (336.0)	Direct
2022-01-02	Restricted Stock Units	$	M	1346	Disposed		Class A Common Stock (1346.0)	Direct
2022-01-02	Restricted Stock Units	$	M	1018	Disposed		Class A Common Stock (1018.0)	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 2,681 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: 3.On January 2, 2019, the Reporting Person was granted 8,076 Restricted Stock Units, half of which are vested and the remainder vest in three equal annual installments beginning on January 2, 2021.

F4: 4.On January 2, 2020, the Reporting Person was granted 6,109 Restricted Stock Units, half of which vest in four quarterly installments in the first year beginning on March 31, 2020, and the remainder vest in three equal annual installments beginning on January 2, 2022.