Bartolo Anthony 4
4 · Bandwidth Inc. · Filed Mar 25, 2024
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Bartolo Anthony
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-21+26,096→ 84,267 total - Sale
Class A Common Stock
2024-03-22$18.75/sh−7,798$146,234→ 76,469 total - Exercise/Conversion
Restricted Stock Units
2024-03-21−26,096→ 52,192 total→ Class A Common Stock (26,096 underlying)
Footnotes (4)
- [F1]Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on March 21, 2024, 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 sold in multiple transactions at prices ranging from $18.63 to $19.01. 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]Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- [F4]On March 21, 2022, the Reporting Person was granted 104,384 Restricted Stock Units, which vest in four equal annual installments beginning on March 21, 2023.