Form 4 for BAND Bandwidth Inc.
Accepted 2024-07-03 00:00:00 ET · period of report 2024-07-01 · accession 0001514416-24-000124 · 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 | 2024-07-03 | 2024-07-01 | BAND | Bartolo Anthony | COO | M - OptEx | $0.00 | +62.6K | 141.2K | +80% | $0 |
| DM | 2024-07-03 | 2024-07-01 | BAND | Bartolo Anthony | COO | M - OptEx | $0.00 | -62.6K | 38.5K | -62% | $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 | 2024-07-01 | M | A | 9,043 | $0.00 | 113,704 | D | — | — | |
| 2 | Common | Class A Common Stock | 2024-07-01 | M | A | 26,096 | $0.00 | 104,661 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-07-01 | M | A | 27,491 | $0.00 | 141,195 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2024-07-01 | M | D | 26,096 | $0.00 | 26,096 | D | — · — to — | 26,096 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Bandwidth Inc. (the "Company") Class A Common Stock. (F2) On March 21, 2022, the Reporting Person was granted 104,384 RSUs, one fourth of which vested on the first and second anniversary of the date of grant and 26,096 of the remaining RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 26,096 unvested RSUs were forfeited. |
| 5 | Derivative | Restricted Stock Units | 2024-07-01 | M | D | 9,043 | $0.00 | 9,043 | D | — · — to — | 9,043 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Bandwidth Inc. (the "Company") Class A Common Stock. (F3) On November 28, 2022, the Reporting Person was granted 36,171 RSUs, one third of which vested on the first anniversary of the date of grant, 3,014 RSUs vested on each of February 28, 2024 and May 28, 2024, and 9,043 of the remaining RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 9,043 unvested RSUs were forfeited. |
| 6 | Derivative | Restricted Stock Units | 2024-07-01 | M | D | 27,491 | $0.00 | 38,487 | D | — · — to — | 27,491 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Bandwidth Inc. (the "Company") Class A Common Stock. (F4) On November 28, 2023, the Reporting Person was granted 65,978 RSUs, 27,491 RSUs vested on July 1, 2024. Following the Reporting Person's last day of employment with the Company on July 1, 2024, the remaining 38,487 unvested RSUs were forfeited. |