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Bandwidth Inc. — Director's Dealing 2024
Jul 3, 2024
32780_dirs_2024-07-03_d16947da-7d9a-41fe-8486-fa2671c3e500.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: 2024-07-01
Reporting Person: Bartolo Anthony (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-01 | Class A Common Stock | M | 26096 | — | Acquired | 104661 | Direct |
| 2024-07-01 | Class A Common Stock | M | 9043 | — | Acquired | 113704 | Direct |
| 2024-07-01 | Class A Common Stock | M | 27491 | — | Acquired | 141195 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-01 | Restricted Stock Units | $ | M | 26096 | Disposed | Class A Common Stock (26096) | Direct | |
| 2024-07-01 | Restricted Stock Units | $ | M | 9043 | Disposed | Class A Common Stock (9043) | Direct | |
| 2024-07-01 | Restricted Stock Units | $ | M | 27491 | Disposed | Class A Common Stock (27491) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Bandwidth Inc. (the "Company") Class A Common Stock.
F2: On March 21, 2022, the Reporting Person was granted 104,384 RSUs, one fourth of which vested on the first and second anniversary of the date of grant and 26,096 of the remaining RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 26,096 unvested RSUs were forfeited.
F3: On November 28, 2022, the Reporting Person was granted 36,171 RSUs, one third of which vested on the first anniversary of the date of grant, 3,014 RSUs vested on each of February 28, 2024 and May 28, 2024, and 9,043 of the remaining RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 9,043 unvested RSUs were forfeited.
F4: On November 28, 2023, the Reporting Person was granted 65,978 RSUs, 27,491 RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 38,487 unvested RSUs were forfeited.