SEC Form 4 · accession 0000899243-18-017415

Bandwidth Inc. · BAND

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President · Director · 10% Owner

Period of report

Jun 18, 2018

Accepted (ET)

Jun 20, 2018 · 5:46 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001514416

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Class A Common Stock	Jun 18, 2018	C	12,181	$0.00	A	12,181	D
Class A Common Stock	Jun 18, 2018	S	12,181	$40.0244	D	0	D
Class A Common Stock	Jun 19, 2018	C	8,602	$0.00	A	8,602	D
Class A Common Stock^F2	Jun 19, 2018	S	8,602	$40.0243	D	0	D
Class A Common Stock	Jun 20, 2018	C	26,528	$0.00	A	26,528	D
Class A Common Stock^F3	Jun 20, 2018	S	26,528	$40.0304	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F4	$5.80	Jun 18, 2018	M	12,181	D	—	Oct 1, 2018	Class B Common Stock	12,181	64,451	D
Class B Common Stock^F5	—	Jun 18, 2018	M	12,181	A	—	—	Class A Common Stock	12,181	104,563	D
Class B Common Stock^F5	—	Jun 18, 2018	C	12,181	D	—	—	Class A Common Stock	12,181	92,382	D
Stock Option (right to buy)^F4	$5.80	Jun 19, 2018	M	8,602	D	—	Oct 1, 2018	Class B Common Stock	8,602	95,961	D
Class B Common Stock^F5	—	Jun 19, 2018	M	8,602	A	—	—	Class A Common Stock	8,602	100,984	D
Class B Common Stock^F5	—	Jun 19, 2018	C	8,602	D	—	—	Class A Common Stock	8,602	92,382	D
Stock Option (right to buy)^F4	$5.80	Jun 20, 2018	M	26,528	D	—	Oct 1, 2018	Class B Common Stock	26,528	69,433	D
Class B Common Stock^F5	—	Jun 20, 2018	M	26,528	A	—	—	Class A Common Stock	26,528	118,910	D
Class B Common Stock^F5	—	Jun 20, 2018	C	26,528	D	—	—	Class A Common Stock	26,528	92,382	D
Class B Common Stock^F5	—	holding	—	—	—	—	—	Class A Common Stock	52,409	52,409	I
Class B Common Stock^F5	—	holding	—	—	—	—	—	Class A Common Stock	52,007	52,007	I

F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.10. 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.21. 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.
F4The stock option is currently exercisable.
F5The shares of Class B common stock are convertible in to Class A common stock on a 1-to-1 basis at the option of the holder and have no expiration date.