Filing Details

Accession Number:
0001505732-24-000255
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-12-17 11:57:56
Reporting Period:
2024-12-16
Accepted Time:
2024-12-17 11:57:56
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
2009787 H Steven Brunner C/O Bankwell Financial Group, Inc
258 Elm Street
New Canaan CT 06840
Evp & Chief Risk & Operations No Yes 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 Disposition 2024-12-16 1,330 $32.98 3,002 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,894 Direct
Common Stock 666 Direct
Common Stock 1,261 Direct
Common Stock 1,070 Direct
Common Stock 1,068 Direct
Footnotes
  1. 1,330 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 3,728 shares.
  2. Range of reported sale price is $32.62 - $33.18. Reporting person agrees to provide individual transaction information to SEC upon request.
  3. 4,894 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,447 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,447 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
  4. 2,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vested on August 31 , 2023 and the second, and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,334 shares have vested.
  5. 2,522 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in two substantially equal annual installments, with the first installment vested on March 15 , 2024 and the second on March 15 , 2025.
  6. 1,604 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vested on February 7 , 2024 and the second, and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 534 shares have vested.
  7. 1,603 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,603 of those shares are performance restricted stock and may vest when and if the performance goal is achieved, with the first installment vested on February 7, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 535 shares have vested.