SEC Form 4 · accession 0000899243-19-000505
Bandwidth Inc. · BAND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A. Hoffman
Officer — Chief Financial Officer
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001514416
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 2, 2019 | A | 11,654 | A | — | — | Class A Common Stock | 11,654 | 11,654 | D |
| Restricted Stock UnitsF1,F3 | — | Jan 2, 2019 | A | 2,913 | A | — | — | Class A Common Stock | 2,913 | 2,913 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- F2One half of the Restricted Stock Units vest in four equal quarterly installments beginning on March 31, 2019. The remaining Restricted Stock Units vest in three equal annual installments beginning on January 2, 2020.
- F3The Restricted Stock Units vest in four equal annual installments beginning on January 2, 2020.