SEC Form 4 · accession 0000899243-18-017996

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 21, 2018

Accepted (ET)

Jun 25, 2018 · 7:08 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 21, 2018	C	1,524	$0.00	A	1,524	D
Class A Common Stock	Jun 21, 2018	S	1,524	$40.00	D	0	D
Class A Common Stock	Jun 22, 2018	C	9,720	$0.00	A	9,720	D
Class A Common Stock^F2	Jun 22, 2018	S	9,720	$40.0256	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)^F3	$5.80	Jun 21, 2018	M	1,524	D	—	Oct 1, 2018	Class B Common Stock	1,524	27,797	D
Class B Common Stock^F4	—	Jun 21, 2018	M	1,524	A	—	—	Class A Common Stock	1,524	93,906	D
Class B Common Stock^F4	—	Jun 21, 2018	C	1,524	D	—	—	Class A Common Stock	1,524	92,382	D
Stock Option (right to buy)^F3	$5.80	Jun 22, 2018	M	9,720	D	—	Oct 1, 2018	Class B Common Stock	9,720	18,077	D
Class B Common Stock^F4	—	Jun 22, 2018	M	9,720	A	—	—	Class A Common Stock	9,720	102,102	D
Class B Common Stock^F4	—	Jun 22, 2018	C	9,720	D	—	—	Class A Common Stock	9,720	92,382	D
Class B Common Stock^F4	—	holding	—	—	—	—	—	Class A Common Stock	52,409	52,409	I
Class B Common Stock^F4	—	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 $40.14. 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 stock option is currently exercisable.
F4The shares of Class B common stock are convertible into Class A common stock on a 1-to-1 basis at the option of the holder and have no expiration date.