Form 4 for BAND Bandwidth Inc.
Accepted 2023-11-30 00:00:00 ET · period of report 2023-11-28 · accession 0001514416-23-000176 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-11-30 | 2023-11-28 | BAND | Asbill Richard Brandon | GC | M - OptEx | $0.00 | +9,141 | 17.9K | +104% | $0 |
| D | 2023-11-30 | 2023-11-29 | BAND | Asbill Richard Brandon | GC | S - Sale+OE | $11.33 | -2,726 | 15.2K | -15% | -$30.9K |
| D | 2023-11-30 | 2023-11-28 | BAND | Asbill Richard Brandon | GC | M - OptEx | $0.00 | -9,141 | 18.3K | -33% | $0 |
| D | 2023-11-30 | 2023-11-28 | BAND | Asbill Richard Brandon | GC | A - Grant | $0.00 | +50.0K | 50.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-11-28 | M | A | 9,141 | $0.00 | 17,912 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-11-29 | S | D | 2,726 | $11.33 | 15,186 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.27 to $11.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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. |
| 3 | Derivative | Restricted Stock Units | 2023-11-28 | M | D | 9,141 | $0.00 | 18,283 | D | — · — to — | 9,141 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F4) On November 28, 2022, the Reporting Person was granted 27,424 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2024. |
| 4 | Derivative | Restricted Stock Units | 2023-11-28 | A | A | 50,023 | $0.00 | 50,023 | D | — · — to — | 50,023 Class A Common Stock | (F3) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F5) On November 28, 2023, the Reporting Person was granted 50,023 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2025. |