SEC Form 4 · accession 0000899243-19-002864
Bandwidth Inc. · BAND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W. Christopher Matton
Officer — General Counsel
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 4:15 pm EST
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 | Feb 5, 2019 | M | 5,000 | $5.80 | A | 5,000 | D | |
| Class A Common Stock | Feb 5, 2019 | S | 5,000 | $48.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F3,F2 | $5.80 | Feb 5, 2019 | M | 5,000 | D | — | Jul 25, 2020 | Class A Common Stock | 5,000 | 47,500 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The stock option is currently exercisable.
- F3Due to a calculation error, the Form 4 filed by the reporting person on December 6, 2018 overstated the number of derivative securities beneficially owned following the transactions reported therein. The number reported herein has been adjusted to correct this error.