Filing Details
- Accession Number:
- 0001514416-24-000008
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-01-04 20:52:58
- Reporting Period:
- 2024-01-03
- Accepted Time:
- 2024-01-04 20:52:58
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1514416 | Bandwidth Inc. | BAND | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1405026 | Daryl Raiford | C/O Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607 | Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2024-01-03 | 2,193 | $0.00 | 33,352 | No | 4 | M | Direct | |
Class A Common Stock | Acquisiton | 2024-01-03 | 2,179 | $0.00 | 35,531 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2024-01-04 | 1,340 | $13.58 | 34,191 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Restricted Stock Units | Disposition | 2024-01-03 | 2,179 | $0.00 | 2,179 | $0.00 |
Class A Common Stock | Restricted Stock Units | Disposition | 2024-01-03 | 2,193 | $0.00 | 2,193 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
4,359 | No | 4 | M | Direct | ||
4,391 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 1,625 | Indirect | By IRA |
Footnotes
- Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on January 3, 2024, pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 3, 2023.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.50 to $13.59. 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.
- Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- On January 3, 2022, the Reporting Person was granted 8,718 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023.
- On January 3, 2022, the Reporting Person was granted 13,169 Restricted Stock Units, half of which vested in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024.