0001514416-24-000010.txt : 20240104
0001514416-24-000010.hdr.sgml : 20240104
20240104205718
ACCESSION NUMBER: 0001514416-24-000010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240102
FILED AS OF DATE: 20240104
DATE AS OF CHANGE: 20240104
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bottorff Rebecca
CENTRAL INDEX KEY: 0001804735
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38285
FILM NUMBER: 24514254
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_1704419827.xml
FORM 4
X0508
4
2024-01-02
0
0001514416
Bandwidth Inc.
BAND
0001804735
Bottorff Rebecca
C/O BANDWIDTH INC.
2230 BANDMATE WAY
RALEIGH
NC
27607
1
1
0
0
Chief People Officer
1
Class A Common Stock
2024-01-02
4
M
0
1141
0
A
24645
D
Class A Common Stock
2024-01-02
4
M
0
515
0
A
25160
D
Class A Common Stock
2024-01-03
4
M
0
1555
0
A
26715
D
Class A Common Stock
2024-01-03
4
S
0
611
13.6136
D
26104
D
Class A Common Stock
2024-01-04
4
S
0
550
13.5964
D
25554
D
Restricted Stock Units
2024-01-02
4
M
0
1141
0
D
Class A Common Stock
1141
0
D
Restricted Stock Units
2024-01-02
4
M
0
515
0
D
Class A Common Stock
515
515
D
Restricted Stock Units
2024-01-03
4
M
0
1555
0
D
Class A Common Stock
1555
3112
D
Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on January 2 and 3, 2024, pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on March 7, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.60 to $13.63. 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 (the "SEC"), 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 $13.59 to $13.625. The Reporting Person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, 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, 2020, the Reporting Person was granted 6,845 Restricted Stock Units which vested as to half the shares in four quarterly installments in the first year, beginning on March 31, 2020, and as to the remainder of shares in three equal annual installments beginning on January 2, 2022.
On January 2, 2021, the Reporting Person was granted 3,090 Restricted Stock Units, half of which vested in four equal quarterly installments beginning on March 31, 2021, and the remainder vest in three equal annual installments beginning on January 2, 2023.
On January 3, 2022, the Reporting Person was granted 9,334 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 Rebecca Bottorff
2024-01-04