Bandwidth Inc. DEF 14A: Executive Compensation Details

Ticker: BAND · Form: DEF 14A · Filed: 2024-04-09T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, proxy-statement, annual-meeting

Related Tickers: BAND

TL;DR

Bandwidth's proxy statement is out, showing exec pay details for 2023. Check the comp tables!

AI Summary

Bandwidth Inc. filed its DEF 14A on April 9, 2024, detailing executive compensation for the fiscal year ending December 31, 2023. The filing includes information on stock awards, option awards, and other compensation components for its principal executive officers. Specific dollar amounts and grant details are provided within the compensation tables.

Why It Matters

This filing provides shareholders with transparency into how executive compensation is structured and awarded, impacting corporate governance and investor confidence.

Risk Assessment

Risk Level: low — This filing is a routine DEF 14A for executive compensation and does not contain new material financial information or strategic changes.

Key Players & Entities

Bandwidth Inc. (company) — Filer of the DEF 14A
2023-12-31 (date) — Fiscal year end for compensation reporting
April 9, 2024 (date) — Filing date of the DEF 14A

FAQ

What is the primary purpose of this DEF 14A filing for Bandwidth Inc.?

The primary purpose is to provide shareholders with information regarding the company's annual meeting of stockholders, including details on the election of directors and executive compensation.

What fiscal year does the executive compensation information in this filing primarily cover?

The executive compensation information primarily covers the fiscal year ending December 31, 2023.

Where is Bandwidth Inc. headquartered?

Bandwidth Inc. is headquartered at 2230 Bandmate Way, Raleigh, NC 27607.

What is Bandwidth Inc.'s Standard Industrial Classification (SIC) code?

Bandwidth Inc.'s SIC code is 7372, which corresponds to SERVICES-PREPACKAGED SOFTWARE.

When was Bandwidth Inc. formerly known as Bandwidth.com, Inc.?

Bandwidth Inc. was formerly known as Bandwidth.com, Inc. with a date of name change on March 3, 2011.

From the Filing

0001193125-24-090888.txt : 20240409 0001193125-24-090888.hdr.sgml : 20240409 20240409163516 ACCESSION NUMBER: 0001193125-24-090888 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 22 CONFORMED PERIOD OF REPORT: 20240523 FILED AS OF DATE: 20240409 DATE AS OF CHANGE: 20240409 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bandwidth Inc. CENTRAL INDEX KEY: 0001514416 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38285 FILM NUMBER: 24833149 BUSINESS ADDRESS: STREET 1: 2230 BANDMATE WAY CITY: RALEIGH STATE: NC ZIP: 27607 BUSINESS PHONE: 800-808-5150 MAIL ADDRESS: STREET 1: 2230 BANDMATE WAY CITY: RALEIGH STATE: NC ZIP: 27607 FORMER COMPANY: FORMER CONFORMED NAME: Bandwidth.com, Inc. DATE OF NAME CHANGE: 20110303 DEF 14A 1 d702139ddef14a.htm DEF 14A DEF 14A DEF 14A false 0001514416 0001514416 2023-01-01 2023-12-31 0001514416 2021-01-01 2021-12-31 0001514416 2020-01-01 2020-12-31 0001514416 2022-01-01 2022-12-31 0001514416 band:DeductionForAmountsReportedUnderThestockAwardsAndoptionAwardsColumnsMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnAsc718FairValueOfAwardsGrantedDuringApplicableFyThatRemainUnvestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnAsc718FairValueOfAwardsGrantedDuringApplicableFyThatVestedMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreasedeductionForAwardsGrantedDuringPriorFyThatWereOutstandingAndUnvestedAsOfApplicableFyEndMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreasedeductionForAwardsGrantedDuringPriorFyThatVestedDuringApplicableFyMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:DeductionOfAsc718FairValueOfAwardsGrantedDuringPriorFyThatWereForfeitedMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseForServiceCostAndIfApplicablePriorServiceCostForPensionPlansMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:TotalAdjustmentsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreasedeductionForAwardsGrantedDuringPriorFyThatWereOutstandingAndUnvestedAsOfApplicableFyEndMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreasedeductionForAwardsGrantedDuringPriorFyThatVestedDuringApplicableFyMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:DeductionOfAsc718FairValueOfAwardsGrantedDuringPriorFyThatWereForfeitedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnDividendsOrOtherEarningsPaidMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnIncrementalFairValueOfOptionssarsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:DeductionForChangeInTheActuarialPresentValuesReportedUnderThechangeInPensionValueAndNonqualifiedDeferredCompensationEarningsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:TotalAdjustmentsMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:DeductionForAmountsReportedUnderThestockAwardsAndoptionAwardsColumnsMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnAsc718FairValueOfAwardsGrantedDuringApplicableFyThatRemainUnvestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnAsc718FairValueOfAwardsGrantedDuringApplicableFyThatVestedMember ecd:NonPeoNeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnDividendsOrOtherEarningsPaidMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseBasedOnIncrementalFairValueOfOptionssarsMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:DeductionForChangeInTheActuarialPresentValuesReportedUnderThechangeInPensionValueAndNonqualifiedDeferredCompensationEarningsMember ecd:PeoMember 2023-01-01 2023-12-31 0001514416 band:IncreaseForServiceCostAndIfApplicablePriorServiceCostForPensionPlansMember ecd:PeoMember 2023-0