0000899243-19-007693.txt : 20190314 0000899243-19-007693.hdr.sgml : 20190314 20190314161519 ACCESSION NUMBER: 0000899243-19-007693 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190312 FILED AS OF DATE: 20190314 DATE AS OF CHANGE: 20190314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Murdock John C. CENTRAL INDEX KEY: 0001721985 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38285 FILM NUMBER: 19681244 MAIL ADDRESS: STREET 1: C/O BANDWIDTH INC. STREET 2: 900 MAIN CAMPUS DRIVE CITY: RALEIGH STATE: NC ZIP: 27606 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: 900 MAIN CAMPUS DRIVE CITY: RALEIGH STATE: NC ZIP: 27606 BUSINESS PHONE: 919-439-4171 MAIL ADDRESS: STREET 1: 900 MAIN CAMPUS DRIVE CITY: RALEIGH STATE: NC ZIP: 27606 FORMER COMPANY: FORMER CONFORMED NAME: Bandwidth.com, Inc. DATE OF NAME CHANGE: 20110303 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-03-12 0 0001514416 Bandwidth Inc. BAND 0001721985 Murdock John C. C/O BANDWIDTH INC. 900 MAIN CAMPUS DRIVE, SUITE 500 RALEIGH NC 27606 1 0 0 0 Class A Common Stock 2019-03-12 4 C 0 34505 0.00 A 55860 D Class A Common Stock 2019-03-13 4 S 0 12390 65.937 D 43470 D Class A Common Stock 2019-03-13 4 S 0 900 66.9133 D 42570 D Stock Option (right to buy) 5.80 2019-03-12 4 X 0 34505 D 2020-11-10 Class B Common Stock 34505 0 D Class B Common Stock 2019-03-12 4 X 0 34505 0.00 A Class A Common Stock 34505 126887 D Class B Common Stock 2019-03-12 4 C 0 34505 0.00 D Class A Common Stock 34505 92382 D Class B Common Stock Class A Common Stock 52409 52409 I By John C. Murdock Family Line Trust In accordance with the terms of the lock-up letter agreement (the "Lock-Up Agreement") executed by the reporting person on March 11, 2019, certain of the Class A shares acquired in connection with the exercise of the option disclosed herein remain subject to transfer restrictions as described in the Lock-Up Agreement. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.42 to $66.33. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.70 to $67.12. 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. The stock option is currently exercisable. The reporting person acquired the option to purchase 34,505 shares of Class B common stock from David Morken as partial consideration for the reporting person's entry into a commercial agreement with Mr. Morken. The shares of Class B common stock are convertible in to Class A common stock on a 1-to-1 basis at the option of the holder and have no expiration date. /s/ W. Christopher Matton, Attorney-in-Fact for John C. Murdock 2019-03-14