Lawrence B. Seidman - 10 May 2021 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for Lawrence B. Seidman
Issuer symbol
BWFG
Transactions as of
10 May 2021
Net transactions value
+$5,279
Form type
4
Filing time
12 May 2021, 09:54:51 UTC
Next filing
03 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $5,279 +178 +62% $29.66 467 10 May 2021 Direct F1
holding BWFG Common Stock 1,665 10 May 2021 Direct
holding BWFG Common Stock 2,000 10 May 2021 Direct F2
holding BWFG Common Stock 171,150 10 May 2021 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 123,831 10 May 2021 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 133,935 10 May 2021 By Seidman Investment Partnership II, L.P.
holding BWFG Common Stock 30,467 10 May 2021 By Seidman Investment Partnership III, L.P.
holding BWFG Common Stock 100,445 10 May 2021 By LSBK06-08, L.L.C.
holding BWFG Common Stock 122,249 10 May 2021 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 18,696 10 May 2021 By Chewy Gooey Cookies, L.P.
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned as a result of purchases made under a Director's Share Purchase Plan.
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.