Bandwidth Inc. — Director's Dealing 2024

Mar 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bandwidth Inc. (BAND)
CIK: 0001514416
Period of Report: 2024-03-01

Reporting Person: Raiford Daryl (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-01	Class A Common Stock	A	15767	—	Acquired	52279	Direct
2024-03-01	Class A Common Stock	S	11500	$20.4547	Disposed	40779	Direct
2024-03-04	Class A Common Stock	S	4039	$19.3502	Disposed	36740	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1625	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.35 to $20.525. 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.

F2: 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 3, 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.

F3: 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 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.