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Bandwidth Inc. — Director's Dealing 2024
Jan 5, 2024
32780_dirs_2024-01-04_d9a15f45-b387-47b0-95af-6820cd648573.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: 2024-01-02
Reporting Person: Krupka Devin M (Controller, PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-02 | Class A Common Stock | M | 78 | — | Acquired | 6518 | Direct |
| 2024-01-02 | Class A Common Stock | M | 130 | — | Acquired | 6648 | Direct |
| 2024-01-03 | Class A Common Stock | M | 352 | — | Acquired | 7000 | Direct |
| 2024-01-03 | Class A Common Stock | S | 77 | $13.63 | Disposed | 6923 | Direct |
| 2024-01-04 | Class A Common Stock | S | 126 | $13.52 | Disposed | 6797 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-02 | Restricted Stock Units | $ | M | 78 | Disposed | Class A Common Stock (78) | Direct | |
| 2024-01-02 | Restricted Stock Units | $ | M | 130 | Disposed | Class A Common Stock (130) | Direct | |
| 2024-01-03 | Restricted Stock Units | $ | M | 352 | Disposed | Class A Common Stock (352) | Direct |
Footnotes
F1: Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on January 2 and 3, 2024, pursuant to Rule 10b5-1 plan adopted by the Reporting Person on May 5, 2023.
F2: Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
F3: On January 2, 2020, the Reporting Person was granted 311 Restricted Stock Units, which vested in four equal annual installments beginning on January 2, 2021.
F4: On January 2, 2021, the Reporting Person was granted 521 Restricted Stock Units, which vest in four equal annual installments beginning on January 2, 2022.
F5: On January 3, 2022, the Reporting Person was granted 1,407 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023.