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Bandwidth Inc. Director's Dealing 2024

Mar 5, 2024

32780_dirs_2024-03-05_32e68183-ef6f-4f80-8469-73e4c5bb2eb1.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: 2024-03-01

Reporting Person: Bottorff Rebecca (Director, Chief People Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-01 Class A Common Stock A 21073 Acquired 48144 Direct
2024-03-04 Class A Common Stock S 6465 $19.3502 Disposed 41679 Direct
2024-03-05 Class A Common Stock S 6232 $18.4949 Disposed 35447 Direct

Footnotes

F1: Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units pursuant to a Rule 10b5-1 instruction letter adopted by the Reporting Person on March 7, 2023 related solely to tax obligations associated with awards received in connection with the Issuer's equity compensation programs. The Restricted Stock Units were granted and vested on March 1, 2024.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.12 to $20.02. The Reporting Person undertakes to provide Bandwidth Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Reflects shares sold pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on June 14, 2023.