0001514416-23-000176.txt : 20231130 0001514416-23-000176.hdr.sgml : 20231130 20231130195129 ACCESSION NUMBER: 0001514416-23-000176 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231128 FILED AS OF DATE: 20231130 DATE AS OF CHANGE: 20231130 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Asbill Richard Brandon CENTRAL INDEX KEY: 0001842470 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38285 FILM NUMBER: 231457182 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] 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_1701391880.xml FORM 4 X0508 4 2023-11-28 0 0001514416 Bandwidth Inc. BAND 0001842470 Asbill Richard Brandon C/O BANDWIDTH INC. 2230 BANDMATE WAY RALEIGH NC 27607 0 1 0 0 General Counsel 1 Class A Common Stock 2023-11-28 4 M 0 9141 0 A 17912 D Class A Common Stock 2023-11-29 4 S 0 2726 11.3302 D 15186 D Restricted Stock Units 2023-11-28 4 M 0 9141 0 D Class A Common Stock 9141 18283 D Restricted Stock Units 2023-11-28 4 A 0 50023 0 A Class A Common Stock 50023 50023 D Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on November 28, 2023, 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 $11.27 to $11.35. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, 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 November 28, 2022, the Reporting Person was granted 27,424 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2024. On November 28, 2023, the Reporting Person was granted 50,023 Restricted Stock Units, one third of which vest on the first anniversary of the date of grant and the remaining shares will vest in eight equal quarterly installments beginning on February 28, 2025. /s/ Leah Webb, Attorney-in-Fact for R. Brandon Asbill 2023-11-30