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Bandwidth Inc. — Director's Dealing 2022
Jan 4, 2022
32780_dirs_2022-01-04_377f6453-38fc-4c2f-ac87-bdd2dc904853.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: Morken David A. (Director, Chairman & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-31 | Class A Common Stock | M | 766 | — | Acquired | 3386 | Direct |
| 2021-12-31 | Class A Common Stock | F | 343 | $71.76 | Disposed | 3043 | Direct |
| 2022-01-02 | Class A Common Stock | M | 11691 | — | Acquired | 14734 | Direct |
| 2022-01-02 | Class A Common Stock | F | 3545 | $71.76 | Disposed | 11189 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-31 | Restricted Stock Units | $ | M | 766 | Disposed | Class A Common Stock (766.0) | Direct | |
| 2022-01-02 | Restricted Stock Units | $ | M | 2421 | Disposed | Class A Common Stock (2421.0) | Direct | |
| 2022-01-02 | Restricted Stock Units | $ | M | 4632 | Disposed | Class A Common Stock (4632.0) | Direct | |
| 2022-01-02 | Restricted Stock Units | $ | M | 2102 | Disposed | Class A Common Stock (2102.0) | Direct | |
| 2022-01-02 | Restricted Stock Units | $ | M | 2536 | Disposed | Class A Common Stock (2536.0) | Direct | |
| 2022-01-03 | Restricted Stock Units | $ | A | 17502 | Acquired | Class A Common Stock (17502.0) | Direct | |
| 2022-01-03 | Restricted Stock Units | $ | A | 21945 | Acquired | Class A Common Stock (21945.0) | 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 6,126 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 14,521 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2019, and the remainder vest in three equal annual installments beginning on January 2, 2021.
F4: On January 2, 2020, the Reporting Person was granted 18,530 Restricted Stock Units, which vest in four equal annual installments beginning on January 2, 2021.
F5: On January 2, 2020, the Reporting Person was granted 12,613 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on March 31, 2020, and the remainder vest in three equal annual installments beginning on January 2, 2022.
F6: On January 2, 2021, the Reporting Person was granted 10,143 Restricted Stock Units, which vest in four equal annual installments beginning on January 2, 2022.
F7: On January 3, 2022, the Reporting Person was granted 17,502 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.
F8: On January 3, 2022, the Reporting Person was granted 21,945 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023.