0001514416-20-000097.txt : 20200428
0001514416-20-000097.hdr.sgml : 20200428
20200428160411
ACCESSION NUMBER: 0001514416-20-000097
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200425
FILED AS OF DATE: 20200428
DATE AS OF CHANGE: 20200428
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: 20824939
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_158810423399680.xml
FORM 4
X0306
4
2020-04-25
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
2020-04-25
4
M
0
2561
0
A
4497
D
Class A Common Stock
2020-04-28
4
S
0
762
79.8781
D
3735
D
Class A Common Stock
2020-04-28
4
S
0
1299
78.0264
D
2436
D
Class A Common Stock
2020-04-28
4
S
0
500
78.8281
D
1936
D
Restricted Stock Units
2020-04-25
4
M
0
2561
0
D
Class A Common Stock
2561.0
7684
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 $77.39 to $78.28. 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.55 to $79.20. The reporting person undertakes to provide 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 April 25, 2019, the Reporting Person was granted 10,245 Restricted Stock Units. The Restricted Stock Units vest in four equal annual installments beginning on April 25, 2020.
/s/ W. Christopher Matton, Attorney-in-Fact for David A. Morken
2020-04-28