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