Matton W. Christopher 4

4 · Bandwidth Inc. · Filed Oct 2, 2020

Form 4

Period: 2020-09-30

General Counsel

Transactions

Sale
Class A Common Stock
2020-10-01$175.11/sh−300$52,532→ 9,706 total
Sale
Class A Common Stock
2020-10-01$175.99/sh−110$19,359→ 9,596 total
Exercise/Conversion
Class A Common Stock
2020-09-30+928→ 10,006 total
Exercise/Conversion
Restricted Stock Units
2020-09-30−928→ 4,637 total
→ Class A Common Stock (928 underlying)

Footnotes (5)

[F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.69 to $175.40. 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.73 to $176.04. 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.
[F4]Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
[F5]On January 2, 2020, the Reporting Person was granted 7,420 Restricted Stock Units. One half of the Restricted Stock Units vest in four equal quarterly installments beginning on March 31, 2020. The remaining Restricted Stock Units vest in three equal annual installments beginning on January 2, 2022.

Documents

1 file