Filing Details
- Accession Number:
- 0001514416-24-000069
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-25 17:40:10
- Reporting Period:
- 2024-03-21
- Accepted Time:
- 2024-03-25 17:40:10
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1514416 | Bandwidth Inc. | BAND | Services-Prepackaged Software (7372) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1967808 | M Devin Krupka | C/O Bandwidth Inc. 2230 Bandmate Way Raleigh NC 27607 | Controller, Pao | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-03-21 | 1,842 | $0.00 | 10,253 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-03-22 | 546 | $18.75 | 9,707 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-03-21 | 1,842 | $0.00 | 1,842 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 3,684 | No | 4 | M | Direct |
Footnotes
- Reflects shares sold to cover taxes upon the vesting of Restricted Stock Units on March 21, 2024, pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 5, 2023.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.63 to $19.01. 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.
- Each Restricted Stock Unit represents a contingent right to receive one share of the Company's Class A Common Stock.
- On March 21, 2022, the Reporting Person was granted 7,368 Restricted Stock Units, which vest in four equal annual installments beginning on March 21, 2023.
Billionaire Hedge Funds
