0001514416-24-000163.txt : 20240829 0001514416-24-000163.hdr.sgml : 20240829 20240829200011 ACCESSION NUMBER: 0001514416-24-000163 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: Ross Kade CENTRAL INDEX KEY: 0001807759 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38285 FILM NUMBER: 241265479 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_1724976005.xml FORM 4 X0508 4 2024-08-28 0 0001514416 Bandwidth Inc. BAND 0001807759 Ross Kade C/O BANDWIDTH INC. 2230 BANDMATE WAY RALEIGH NC 27607 0 1 0 0 Chief Information Officer 1 Class A Common Stock 2024-08-28 4 M 0 1860 0 A 25182 D Class A Common Stock 2024-08-28 4 M 0 1784 0 A 26966 D Class A Common Stock 2024-08-29 4 S 0 1064 17.4183 D 25902 D Restricted Stock Units 2024-08-28 4 M 0 1860 0 D Class A Common Stock 1860 9296 D Restricted Stock Units 2024-08-28 4 M 0 1784 0 D Class A Common Stock 1784 3569 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 22,311 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. On August 28, 2023, the Reporting Person was granted 5,353 Restricted Stock Units, one third of which vested on the first anniversary of the date of grant and the remaining shares vest in eight quarterly installments beginning on November 28, 2024. /s/ Leah Webb, Attorney-in-Fact for Kade Ross 2024-08-29