Form 4 for BAND Bandwidth Inc.
Accepted 2024-01-04 00:00:00 ET · period of report 2024-01-02 · accession 0001514416-24-000007 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-01-04 | 2024-01-02+ | BAND | Morken David A. | COB, CEO, Dir | M - OptEx | $0.00 | +18.7K | 47.2K | +66% | $0 |
| DM | 2024-01-04 | 2024-01-03+ | BAND | Morken David A. | COB, CEO, Dir | S - Sale+OE | $13.59 | -6,370 | 60.0K | -10% | -$86.5K |
| DM | 2024-01-04 | 2024-01-02+ | BAND | Morken David A. | COB, CEO, Dir | M - OptEx | $0.00 | -18.7K | 1,021 | -95% | $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 | 2024-01-02 | M | A | 4,632 | $0.00 | 51,801 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-01-03 | M | A | 2,916 | $0.00 | 58,273 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-01-02 | M | A | 1,021 | $0.00 | 52,822 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-01-02 | M | A | 2,535 | $0.00 | 55,357 | D | — | — | |
| 5 | Common | Class A Common Stock | 2024-01-04 | S | D | 2,580 | $13.52 | 57,390 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.43 to $13.59. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 6 | Common | Class A Common Stock | 2024-01-03 | S | D | 3,790 | $13.63 | 59,970 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.61 to $13.64. 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 (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 7 | Common | Class A Common Stock | 2024-01-03 | M | A | 5,487 | $0.00 | 63,760 | D | — | — | |
| 8 | Common | Class A Common Stock | 2024-01-02 | M | A | 2,102 | $0.00 | 47,169 | D | — | — | |
| 9 | Derivative | Restricted Stock Units | 2024-01-02 | M | D | 2,535 | $0.00 | 2,536 | D | — · — to — | 2,535 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F8) On January 2, 2021, the Reporting Person was granted 10,143 Restricted Stock Units, which vest in four equal annual installments beginning on January 2, 2022. |
| 10 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 2,916 | $0.00 | 5,835 | D | — · — to — | 2,916 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F9) On January 3, 2022, the Reporting Person was granted 17,502 Restricted Stock Units, half of which vested in four equal quarterly installments beginning on March 31, 2022, and the remainder vest in three equal annual installments beginning on January 3, 2024. |
| 11 | Derivative | Restricted Stock Units | 2024-01-03 | M | D | 5,487 | $0.00 | 10,972 | D | — · — to — | 5,487 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F10) On January 3, 2022, the Reporting Person was granted 21,945 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023. |
| 12 | Derivative | Restricted Stock Units | 2024-01-02 | M | D | 2,102 | $0.00 | 0 | D | — · — to — | 2,102 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F5) On January 2, 2020, the Reporting Person was granted 12,613 Restricted Stock Units, half of which vested in four equal quarterly installments beginning on March 31, 2020, and the remainder vested in three equal annual installments beginning on January 2, 2022. |
| 13 | Derivative | Restricted Stock Units | 2024-01-02 | M | D | 4,632 | $0.00 | 0 | D | — · — to — | 4,632 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F6) On January 2, 2020, the Reporting Person was granted 18,530 Restricted Stock Units, which vested in four equal annual installments beginning on January 2, 2021. |
| 14 | Derivative | Restricted Stock Units | 2024-01-02 | M | D | 1,021 | $0.00 | 1,021 | D | — · — to — | 1,021 Class A Common Stock | (F4) Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. (F7) On January 2, 2021, the Reporting Person was granted 6,126 Restricted Stock Units, half of which vested in four equal quarterly installments beginning on March 31, 2021, and the remainder vest in three equal annual installments beginning on January 2, 2023. |