Bandwidth Inc. — Director's Dealing 2023

May 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2023-05-12

Reporting Person: Ross Kade (Chief Information Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-12	Class A Common Stock	M	233	—	Acquired	13151	Direct
2023-05-15	Class A Common Stock	S	70	$11.22	Disposed	13081	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-12	Restricted Stock Units	$	M	233	Disposed		Class A Common Stock (233.0)	Direct

Footnotes

F1: Reflects shares sold to cover taxes upon the vesting of restricted stock units on May 12, 2023.

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

F3: On May 12, 2020, the Reporting Person was granted 930 Restricted Stock Units, which vest in four equal annual installments beginning on May 12, 2021.