0001514416-20-000015.txt : 20200103 0001514416-20-000015.hdr.sgml : 20200103 20200103164633 ACCESSION NUMBER: 0001514416-20-000015 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200103 DATE AS OF CHANGE: 20200103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Morken David A. CENTRAL INDEX KEY: 0001721962 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38285 FILM NUMBER: 20506292 MAIL ADDRESS: STREET 1: C/O BANDWIDTH INC. STREET 2: 900 MAIN CAMPUS DRIVE CITY: RALEIGH STATE: NC ZIP: 27606 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Bandwidth Inc. CENTRAL INDEX KEY: 0001514416 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 900 MAIN CAMPUS DRIVE CITY: RALEIGH STATE: NC ZIP: 27606 BUSINESS PHONE: 919-439-4171 MAIL ADDRESS: STREET 1: 900 MAIN CAMPUS DRIVE CITY: RALEIGH STATE: NC ZIP: 27606 FORMER COMPANY: FORMER CONFORMED NAME: Bandwidth.com, Inc. DATE OF NAME CHANGE: 20110303 4 1 wf-form4_157808797561850.xml FORM 4 X0306 4 2019-12-31 0 0001514416 Bandwidth Inc. BAND 0001721962 Morken David A. C/O BANDWIDTH INC. 900 MAIN CAMPUS DRIVE, SUITE 100 RALEIGH NC 27606 1 1 1 0 Chairman & CEO Class A Common Stock 2019-12-31 4 M 0 1815 0 A 8958 D Class A Common Stock 2020-01-02 4 S 0 820 63.8468 D 8138 D Restricted Stock Units 2019-12-31 4 M 0 1815 0 D Class A Common Stock 1815.0 7261 D Restricted Stock Units 2020-01-02 4 A 0 12613 0 A Class A Common Stock 12613.0 12613 D Restricted Stock Units 2020-01-02 4 A 0 18530 0 A Class A Common Stock 18530.0 18530 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.71 to $63.98. 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 2, 2019, the Reporting Person was granted 14,521 Restricted Stock Units. One half of the Restricted Stock Units vest in four equal quarterly installments beginning on March 31, 2019. The remaining Restricted Stock Units vest in three equal annual installments beginning on January 2, 2021. One half of the Restricted Stock Units vest in four equal quarterly installments beginning on March 31, 2020. The remaining Restricted Stock Units vest in three equal annual installments beginning on January 2, 2022. The Restricted Stock Units vest in four equal annual installments beginning on January 2, 2021. /s/ W. Christopher Matton, Attorney-in-Fact for David A. Morken 2020-01-03