0001514416-24-000161.txt : 20240829
0001514416-24-000161.hdr.sgml : 20240829
20240829195651
ACCESSION NUMBER: 0001514416-24-000161
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240828
FILED AS OF DATE: 20240829
DATE AS OF CHANGE: 20240829
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Asbill Richard Brandon
CENTRAL INDEX KEY: 0001842470
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38285
FILM NUMBER: 241265473
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_1724975656.xml
FORM 4
X0508
4
2024-08-28
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
2024-08-28
4
M
0
2285
0
A
29093
D
Class A Common Stock
2024-08-29
4
S
0
667
17.4183
D
28426
D
Restricted Stock Units
2024-08-28
4
M
0
2285
0
D
Class A Common Stock
2285
11427
D
Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on August 28, 2024, pursuant to a Rule 10b5-1 instruction letter adopted by the Reporting Person on March 3, 2023 related solely to tax obligations associated with awards received in connection with Bandwidth Inc. (the "Company") equity compensation programs.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.25 to $17.63. 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 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 vest in eight equal quarterly installments beginning on February 28, 2024.
/s/ Leah Webb, Attorney-in-Fact for R. Brandon Asbill
2024-08-29