4//SEC Filing
Agarwal Devesh 4
Accession 0001514416-25-000094
CIK 0001514416other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 5:15 PM ET
Size
13.0 KB
Accession
0001514416-25-000094
Insider Transaction Report
Form 4
Bandwidth Inc.BAND
Agarwal Devesh
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2025-05-28+2,153→ 55,566 total - Exercise/Conversion
Class A Common Stock
2025-05-28+3,927→ 59,493 total - Exercise/Conversion
Restricted Stock Units
2025-05-28−2,153→ 4,306 total→ Class A Common Stock (2,153 underlying) - Sale
Class A Common Stock
2025-05-29$14.47/sh−1,804$26,112→ 57,689 total - Exercise/Conversion
Restricted Stock Units
2025-05-28−3,927→ 23,564 total→ Class A Common Stock (3,927 underlying)
Footnotes (5)
- [F1]Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on May 28, 2025, pursuant to a Rule 10b5-1 instruction letter adopted by the Reporting Person on March 3, 2023 related solely to tax obligations associated with awards received in connection with Bandwidth Inc. (the "Company") equity compensation programs.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.34 to $14.80. 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.
- [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 25,837 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 47,127 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, 2025.
Documents
Issuer
Bandwidth Inc.
CIK 0001514416
Entity typeother
Related Parties
1- filerCIK 0002029692
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 5:15 PM ET
- Size
- 13.0 KB