4//SEC Filing
Bailey Brian D. 4
Accession 0001514416-25-000090
CIK 0001514416other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 5:09 PM ET
Size
8.6 KB
Accession
0001514416-25-000090
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Bailey Brian D.
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2025-05-28+2,024→ 64,406 total(indirect: See footnotes) - Exercise/Conversion
Restricted Stock Units
2025-05-28−2,024→ 4,049 total→ Class A Common Stock (2,024 underlying)
Footnotes (5)
- [F1]Carmichael Bandwidth LLC is the managing member of each of the Carmichael Entities (as defined below in footnote 2). Brian D. Bailey and Kevin J. Martin are the managing partners of Carmichael Bandwidth LLC and Carmichael Partners LLC and share voting and dispositive power with respect to the shares held by the Carmichael Entities (as defined below in footnote 2) and Carmichael Partners LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
- [F2]Following the transactions reported herein, consists of (i) 1,517 shares of Class A Common Stock held by Carmichael Investment Partners, LLC; (ii) 8,750 shares of Class A Common Stock held by Carmichael Partners, LLC ("CP"); (iii) 908 shares of Class A Common Stock held by Carmichael Investment Partners II, LLC ("CIP II"); (iv) 608 shares of Class A Common Stock held by Carmichael Investment Partners III, LLC ("CIP III" and, together with CP and CIP II, the "Carmichael Entities") and (v) 52,623 shares of Class A Common Stock held of record by Brian D. Bailey.
- [F3]Pursuant to an agreement between Mr. Bailey and Carmichael Partners LLC, Carmichael Partners LLC is entitled to all economic benefit with respect to 7,234 shares held by Mr. Bailey.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Bandwidth Inc. Class A Common Stock.
- [F5]On November 28, 2024, the Reporting Person was granted 8,098 Restricted Stock Units, which vest in four equal quarterly installments beginning on February 28, 2025.
Documents
Issuer
Bandwidth Inc.
CIK 0001514416
Entity typeother
Related Parties
1- filerCIK 0001575505
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 5:09 PM ET
- Size
- 8.6 KB