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Bandwidth Inc. — Director's Dealing 2023
Nov 6, 2023
32780_dirs_2023-11-06_87868c27-48b2-4bf9-8a1a-b3ce51d9992f.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: 2023-11-02
Reporting Person: Krupka Devin M (Controller, PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-02 | Class A Common Stock | M | 31 | — | Acquired | 2588 | Direct |
| 2023-11-03 | Class A Common Stock | S | 8 | $12.71 | Disposed | 2580 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-02 | Restricted Stock Units | $ | M | 31 | Disposed | Class A Common Stock (31) | Direct |
Footnotes
F1: Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on November 2, 2023, pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 5, 2023.
F2: Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
F3: On November 2, 2020, the Reporting Person was granted 190 Restricted Stock Units, half of which vest in four equal quarterly installments beginning on February 2, 2021, and the remainder vest in three equal annual installments beginning on November 2, 2022.