Daniel S. Jones - May 10, 2021 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for Daniel S. Jones
Stock symbol
BWFG
Transactions as of
May 10, 2021
Transactions value $
$3,851
Form type
4
Date filed
5/12/2021, 09:54 AM
Next filing
May 25, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $3.85K +129 +0.47% $29.85 27.7K May 10, 2021 Deferred Compensation Plan F1
holding BWFG Common Stock 2K May 10, 2021 Direct F2
holding BWFG Common Stock 3.52K May 10, 2021 Direct F3
holding BWFG Common Stock 900 May 10, 2021 Direct F4
holding BWFG Common Stock 600 May 10, 2021 Direct F5
holding BWFG Common Stock 250 May 10, 2021 Direct F6
holding BWFG Common Stock 234K May 10, 2021 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Range of reported purchase price is $29.86 - $29.85. Reporting person agrees to provide individual transaction information to SEC upon request.
F2 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 to vest on January 2, 2022 and an additional 25% to vest on each annual anniversary of the vesting date thereafter.
F3 3,520 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.
F4 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. As of the transaction date, 300 shares have vested.
F5 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, 600 shares have vested.
F6 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, 750 shares have vested.
F7 69,494 of shares reported are owned jointly with spouse.