0001514416-23-000100.txt : 20230531
0001514416-23-000100.hdr.sgml : 20230531
20230531161534
ACCESSION NUMBER: 0001514416-23-000100
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230528
FILED AS OF DATE: 20230531
DATE AS OF CHANGE: 20230531
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: 23981172
MAIL ADDRESS:
STREET 1: C/O CARMICHAEL INVESTMENT PARTNERS LLC
STREET 2: 4725 PIEDMONT ROW DRIVE, SUITE 210
CITY: CHARLOTTE
STATE: NC
ZIP: 28210
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: 888-969-5009
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
wf-form4_168556411531482.xml
FORM 4
X0407
4
2023-05-28
0
0001514416
Bandwidth Inc.
BAND
0001575505
Bailey Brian D.
C/O CARMICHAEL INVESTMENT PARTNERS LLC
4725 PIEDMONT ROW DRIVE, SUITE 210
CHARLOTTE
NC
28210
1
0
0
0
0
Class A Common Stock
2023-05-28
4
M
0
2153
0
A
31592
I
See footnotes
Restricted Stock Units
2023-05-28
4
M
0
2153
0
D
Class A Common Stock
2153.0
4306
D
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") and (iv) 28,559 shares of Class A Common Stock held directly by Brian D. 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. The Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
Pursuant to an agreement between Mr. Bailey and Carmichael Partners LLC, Carmichael Partners LLC is entitled to all economic benefit with respect to 7,234 shares held by Mr. Bailey.
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 8,612 Restricted Stock Units, which vest in four equal quarterly installments beginning on February 28, 2023.
/s/ Leah Webb, Attorney-in-Fact for Brian D. Bailey
2023-05-31