0000899243-19-009167.txt : 20190328
0000899243-19-009167.hdr.sgml : 20190328
20190328160530
ACCESSION NUMBER: 0000899243-19-009167
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190326
FILED AS OF DATE: 20190328
DATE AS OF CHANGE: 20190328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bailey Brian D.
CENTRAL INDEX KEY: 0001575505
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38285
FILM NUMBER: 19711954
MAIL ADDRESS:
STREET 1: 712 FIFTH AVENUE
STREET 2: 9TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
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
2019-03-26
0
0001514416
Bandwidth Inc.
BAND
0001575505
Bailey Brian D.
C/O CARMICHAEL INVESTMENT PARTNERS LLC
4725 PIEDMONT ROW DR, STE 210
CHARLOTTE
NC
28210
1
0
0
0
Class A Common Stock
2019-03-26
4
S
0
7928
67.0681
D
146676
I
See footnotes
Class A Common Stock
2019-03-26
4
S
0
2072
67.8143
D
144604
I
See footnotes
Class A Common Stock
2019-03-27
4
S
0
3985
65.5717
D
140619
I
See footnotes
Class A Common Stock
2019-03-27
4
S
0
3615
66.835
D
137004
I
See footnotes
Class A Common Stock
2019-03-27
4
S
0
2400
67.2198
D
134604
I
See footnotes
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.55 to $67.54. 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.
Following the transactions reported herein, consists of (i) 1,517 shares of Class A Common Stock held by Carmichael Investment Partners, LLC ("CIP"), (ii) 908 shares of Class A Common Stock held by Carmichael Investment Partners II, LLC ("CIP II"), (iii) 608 shares of Class A Common Stock held by Carmichael Investment Partners III, LLC ("CIP III" and, together with CIP and CIP II, the "Carmichael Entities"), (iv) 126,329 shares of Class A Common Stock held directly by Carmichael Bandwidth, LLC and (v) 5,242 shares of Class A Common Stock held directly by Brian D. Bailey.
Pursuant to an agreement between Mr. Bailey and Carmichael Partners LLC, Carmichael Partners LLC is entitled to all economic benefit with respect to 3,667 shares held by Mr. Bailey.
Carmichael Bandwidth LLC is the managing member of each of the Carmichael Entities. Brian D. Bailey and Kevin J. Martin are the managing partners of Carmichael Bandwidth LLC and Carmichael Partners LLC and share voting and dispositive power with respect to the shares held by the Carmichael Entities and Carmichael Partners LLC. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or their pecuniary interest therein.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.56 to $68.13. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.09 to $66.06. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.09 to $67.06. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.09 to $68.02. 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.
s/ Brian D. Bailey
2019-03-28