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Bandwidth Inc. — Director's Dealing 2023
Jan 4, 2023
32780_dirs_2023-01-04_d4602251-8019-4305-9a6c-41429d097fa3.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: 2022-12-31
Reporting Person: Ross Kade (Chief Information Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-31 | Class A Common Stock | M | 965 | — | Acquired | 11568 | Direct |
| 2022-12-31 | Class A Common Stock | F | 285 | $22.95 | Disposed | 11283 | Direct |
| 2023-01-02 | Class A Common Stock | M | 2543 | — | Acquired | 13826 | Direct |
| 2023-01-02 | Class A Common Stock | F | 885 | $22.95 | Disposed | 12941 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-31 | Restricted Stock Units | $ | M | 965 | Disposed | Class A Common Stock (965.0) | Direct | |
| 2023-01-02 | Restricted Stock Units | $ | M | 425 | Disposed | Class A Common Stock (425.0) | Direct | |
| 2023-01-02 | Restricted Stock Units | $ | M | 989 | Disposed | Class A Common Stock (989.0) | Direct | |
| 2023-01-02 | Restricted Stock Units | $ | M | 1129 | Disposed | Class A Common Stock (1129.0) | 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 3, 2022, the Reporting Person was granted 7,719 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.
F3: On January 2, 2021, the Reporting Person was granted 2,553 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.
F4: On January 2, 2020, the Reporting Person was granted 5,931 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.
F5: On January 2, 2019, the Reporting Person was granted 6,776 Restricted Stock Units, half of which are vested, and the remainder vest in three equal annual installments beginning on January 2, 2021.