Hoffman Jeffrey A. 4
4 · Bandwidth Inc. · Filed Feb 23, 2021
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Hoffman Jeffrey A.
Chief Financial Officer
Transactions
- Sale
Class A Common Stock
2021-02-22$174.94/sh−300$52,482→ 14,389 total - Exercise/Conversion
Restricted Stock Units
2021-02-21−4,997→ 4,997 total→ Class A Common Stock (4,997 underlying) - Exercise/Conversion
Class A Common Stock
2021-02-21+4,997→ 16,009 total - Sale
Class A Common Stock
2021-02-22$173.29/sh−1,220$211,416→ 14,689 total - Sale
Class A Common Stock
2021-02-22$171.26/sh−100$17,126→ 15,909 total - Sale
Class A Common Stock
2021-02-22$175.60/sh−300$52,679→ 14,089 total
Footnotes (6)
- [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 $172.82 to $173.80. 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 $174.34 to $175.24. 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.53 to $175.65. 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.
- [F5]Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F6]On February 21, 2018, the Reporting Person was granted 19,988 Restricted Stock Units which vest in four equal annual installments beginning on February 21, 2019.