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