Home/Filings/4/0001575505-25-000007
4//SEC Filing

Bailey Brian D. 4

Accession 0001575505-25-000007

CIK 0001514416other

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 4:53 PM ET

Size

10.5 KB

Accession

0001575505-25-000007

Insider Transaction Report

Form 4
Period: 2025-11-28
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2025-11-28+2,02465,422 total(indirect: See footnotes)
  • Exercise/Conversion

    Restricted Stock Units

    2025-11-282,0240 total
    Class A Common Stock (2,024 underlying)
  • Award

    Restricted Stock Units

    2025-11-28+13,33313,333 total
    Class A Common Stock (13,333 underlying)
Footnotes (6)
  • [F1]Carmichael Bandwidth LLC is the managing member of each of Carmichael Partners, LLC ("CP"); Carmichael Investment Partners II, LLC ("CP II"); and Carmichael Investment Partners III, LLC ("CP III"). 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 CP, CP II and CP III. 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 8,750 shares of Class A Common Stock held by Carmichael Partners, LLC and 56,672 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 vested in four equal quarterly installments beginning on February 28, 2025.
  • [F6]On November 28, 2025, the Reporting Person was granted 13,333 Restricted Stock Units, which vest in four equal quarterly installments beginning on February 28, 2026.

Issuer

Bandwidth Inc.

CIK 0001514416

Entity typeother

Related Parties

1
  • filerCIK 0001575505

Filing Metadata

Form type
4
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 4:53 PM ET
Size
10.5 KB