Filing Details

Accession Number:
0001505732-20-000104
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-26 11:10:40
Reporting Period:
2020-08-24
Accepted Time:
2020-08-26 11:10:40
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
1650466 M Carl Porto C/O Bankwell Financial Group, Inc.
220 Elm Street
New Canaan CT 06840
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-08-24 119 $15.81 8,618 No 4 P Indirect Deferred Compensation Plan
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Deferred Compensation Plan
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,760 Direct
Common Stock 1,200 Direct
Common Stock 900 Direct
Common Stock 500 Direct
Common Stock 4,000 Indirect Law Firm Pension Plan
Common Stock 8,126 Direct
Footnotes
  1. Range of reported purchase price is $15.70 - $15.84. Reporting person agrees to provide individual transaction information to SEC upon request.
  2. 1,760 shares of restricted stock granted on February 7, 2020, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will fully vest on February 7, 2025.
  3. 1,200 shares of restricted stock granted on December 20, 2019, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on January 2, 2021 and an additional 25% to vest on each annual anniversary of the vesting date thereafter.
  4. 1,200 shares of restricted stock granted on March 4, 2019, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on February 7, 2020 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 300 shares have vested.
  5. 1,000 shares of restricted stock granted on March 22, 2018, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on February 7, 2019 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 500 shares have vested.