James M. Garnett Jr. - 02 Jul 2021 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for James M. Garnett, Jr.
Issuer symbol
BWFG
Transactions as of
02 Jul 2021
Net transactions value
+$2,494
Form type
4
Filing time
07 Jul 2021, 09:17:27 UTC
Previous filing
03 Jun 2021
Next filing
03 Aug 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 $2,494 +90 +16% $27.71 647 02 Jul 2021 Direct F1, F2
holding BWFG Common Stock 5,376 02 Jul 2021 Deferred Compensation Plan
holding BWFG Common Stock 2,000 02 Jul 2021 Direct F3
holding BWFG Common Stock 1,760 02 Jul 2021 Direct F4
holding BWFG Common Stock 900 02 Jul 2021 Direct F5
holding BWFG Common Stock 600 02 Jul 2021 Direct F6
holding BWFG Common Stock 7,608 02 Jul 2021 Direct
* 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 $27.78 - $27.54. Reporting person agrees to provide individual transaction information to SEC upon request.
F2 Shares owned as a result of purchases made under a Director's Share Purchase Plan.
F3 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.
F4 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.
F5 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.
F6 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.