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

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for Lawrence B. Seidman
Stock symbol
BWFG
Transactions as of
May 10, 2021
Transactions value $
$5,279
Form type
4
Date filed
5/12/2021, 09:54 AM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $5.28K +178 +61.59% $29.66 467 May 10, 2021 Direct F1
holding BWFG Common Stock 1.67K May 10, 2021 Direct
holding BWFG Common Stock 2K May 10, 2021 Direct F2
holding BWFG Common Stock 171K May 10, 2021 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 124K May 10, 2021 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 134K May 10, 2021 By Seidman Investment Partnership II, L.P.
holding BWFG Common Stock 30.5K May 10, 2021 By Seidman Investment Partnership III, L.P.
holding BWFG Common Stock 100K May 10, 2021 By LSBK06-08, L.L.C.
holding BWFG Common Stock 122K May 10, 2021 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 18.7K May 10, 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.