0001514416-24-000008.txt : 20240104 0001514416-24-000008.hdr.sgml : 20240104 20240104205258 ACCESSION NUMBER: 0001514416-24-000008 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240103 FILED AS OF DATE: 20240104 DATE AS OF CHANGE: 20240104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Raiford Daryl CENTRAL INDEX KEY: 0001405026 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38285 FILM NUMBER: 24514249 MAIL ADDRESS: STREET 1: C/O BANDWIDTH INC. STREET 2: 2230 BANDMATE WAY CITY: RALEIGH STATE: NC ZIP: 27607 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Bandwidth Inc. CENTRAL INDEX KEY: 0001514416 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2230 BANDMATE WAY CITY: RALEIGH STATE: NC ZIP: 27607 BUSINESS PHONE: 800-808-5150 MAIL ADDRESS: STREET 1: 2230 BANDMATE WAY CITY: RALEIGH STATE: NC ZIP: 27607 FORMER COMPANY: FORMER CONFORMED NAME: Bandwidth.com, Inc. DATE OF NAME CHANGE: 20110303 4 1 wk-form4_1704419567.xml FORM 4 X0508 4 2024-01-03 0 0001514416 Bandwidth Inc. BAND 0001405026 Raiford Daryl C/O BANDWIDTH INC. 2230 BANDMATE WAY RALEIGH NC 27607 0 1 0 0 Chief Financial Officer 1 Class A Common Stock 2024-01-03 4 M 0 2193 0 A 33352 D Class A Common Stock 2024-01-03 4 M 0 2179 0 A 35531 D Class A Common Stock 2024-01-04 4 S 0 1340 13.5763 D 34191 D Class A Common Stock 1625 I By IRA Restricted Stock Units 2024-01-03 4 M 0 2179 0 D Class A Common Stock 2179 4359 D Restricted Stock Units 2024-01-03 4 M 0 2193 0 D Class A Common Stock 2193 4391 D Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on January 3, 2024, pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 3, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.50 to $13.59. 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, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock. On January 3, 2022, the Reporting Person was granted 8,718 Restricted Stock Units, which vest in four equal annual installments beginning on January 3, 2023. On January 3, 2022, the Reporting Person was granted 13,169 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. /s/ Leah Webb, Attorney-in-Fact for Daryl E. Raiford 2024-01-04