Bartolo Anthony 4
4 · Bandwidth Inc. · Filed Nov 30, 2023
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Bartolo Anthony
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-11-28+12,057→ 52,227 total - Sale
Class A Common Stock
2023-11-29$11.30/sh−5,412$61,176→ 46,815 total - Award
Restricted Stock Units
2023-11-28+65,978→ 65,978 total→ Class A Common Stock (65,978 underlying) - Exercise/Conversion
Restricted Stock Units
2023-11-28−12,057→ 24,114 total→ Class A Common Stock (12,057 underlying)
Footnotes (5)
- [F1]Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on November 28, 2023, pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 3, 2023.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.27 to $11.35. 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 purchased at each separate price within the range set forth in this footnote.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F4]On November 28, 2022, the Reporting Person was granted 36,171 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2024.
- [F5]On November 28, 2023, the Reporting Person was granted 65,978 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares vest in eight equal quarterly installments beginning on February 28, 2025.