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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.