Filing Details

Accession Number:
0001505732-24-000095
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-24 13:15:27
Reporting Period:
2024-05-22
Accepted Time:
2024-05-24 13:15:27
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.
258 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 2024-05-22 122 $24.35 17,500 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 834 Direct
Common Stock 1,600 Direct
Common Stock 1,200 Direct
Common Stock 800 Direct
Common Stock 500 Direct
Common Stock 1,760 Direct
Common Stock 15,638 Direct
Common Stock 4,303 Indirect Law Firm Pension Plan
Footnotes
  1. Range of reported price is $24.25 to $24.39. Reporting person agrees to provide individual transaction to SEC upon request.
  2. 2,500 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 833 vested immediately on December 29, 2023. 833 vested on February 7, 2024 and 834 will vest on February 7, 2025.
  3. 1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan and will vest in three equal annual installments of 25%, with the first installment to vest on February 7, 2025 and an additional 25% to vest on each annual anniversary of the vesting date thereafter.
  4. 1,600 shares of restricted stock granted on December 31, 2022, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 400 shares have vested.
  5. 1,600 shares of restricted stock granted on December 31, 2021, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2023 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 800 shares have vested.
  6. 2,000 shares of restricted stock granted on December 8, 2020, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2022 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,500 shares have vested.
  7. 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.