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Filing Details

Accession Number:: 0001140361-16-049566
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-02-01 16:56:25
Reporting Period:: 2016-02-01

Filing Date:: 2016-02-01
Accepted Time:: 2016-02-01 16:56:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1505732	Bankwell Financial Group Inc.	BWFG	State Commercial Banks (6022)	208251355

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1245065	Sr J Ernest Verrico	C/O Bankwell Financial Group, Inc. 220 Elm Street New Canaan CT 06840	Evp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-02-01	2,000	$19.50	2,000	No	4	P	Indirect	IRA

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	IRA

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,000	Direct
Common Stock	1,600	Direct
Common Stock	3,250	Direct
Common Stock	4,620	Direct
Common Stock	3,647	Direct
Common Stock	7,078	Direct
Common Stock	16,805	Indirect	Joint with Wife

Footnotes

5,000 shares of restricted stock granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan and will vest in five equal annual installments of 20%, the first installment of 1,000 shares vested on March 22, 2012 and an additional 20% to vest on each annual anniversary of the grant date thereafter. As of the transaction date, 4,000 Shares have fully vested and been transferred to Joint Ownership with Wife.
4,000 shares of restricted stock granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan and will vest in five equal annual installments of 20%, the first installment of 800 shares vested on March 21, 2013 and an additional 20% to vest on each annual anniversary of the grant date thereafter. As of the transaction date, 2,400 Shares have fully vested and been transferred to Joint Ownership with Wife.
6,500 shares of restricted stock granted pursuant to the 2012 BNC Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on November 5, 2014 and an additional 25% to vest on each annual anniversary of the grant date thereafter. As of the transaction date, 3,250 Shares have fully vested and been transferred to Joint Ownership with Wife.
16,500 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 5,775 of those shares are restricted stock that will vest in five equal annual installments of 20%, with the first installment to vest on December 1, 2015 and an additional 20% to vest on each annual anniversary of the vesting date thereafter. 3,647 of those shares are restricted stock that will vest in four equal annual installments of 25%, with the first installment to vest on December 1, 2016 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 1,155 Shares have fully vested and been transferred to Joint Ownership with Wife. 7,078 of those shares are performance restricted stock and may vest when and if the performance goals are achieved, but in any event no later than December 1, 2019.