SEC Form 4 · accession 0000899243-18-019804

Bandwidth Inc. · BAND

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

Reporting owner

Officer — President · Director · 10% Owner

Period of report

Jul 11, 2018

Accepted (ET)

Jul 12, 2018 · 4:05 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	Nature of ownership
Class A Common Stock	Jul 11, 2018	C	18,077	$0.00	A	18,077	D
Class A Common Stock^F2	Jul 11, 2018	S	18,077	$35.6502	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	Jul 11, 2018	M	18,077	D	—	Oct 1, 2018	Class B Common Stock	18,077	0	D
Class B Common Stock^F4	—	Jul 11, 2018	M	18,077	A	—	—	Class A Common Stock	18,077	110,459	D
Class B Common Stock^F4	—	Jul 11, 2018	C	18,077	D	—	—	Class A Common Stock	18,077	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 $35.17 to $36.00. 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.