Bandwidth Inc. — Director's Dealing 2023

Nov 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2023-11-02

Reporting Person: Morken David A. (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-02	Class A Common Stock	M	317	—	Acquired	35283	Direct
2023-11-03	Class A Common Stock	S	82	$12.71	Disposed	35201	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-02	Restricted Stock Units	$	M	317	Disposed		Class A Common Stock (317)	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 March 3, 2023.

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

F3: One half of the Restricted Stock Units vest in four, equal quarterly installments beginning on February 2, 2021 and the remaining shares vest in three, equal annual installments beginning on November 2, 2022.