Blake S. Drexler - 09 Dec 2021 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for Blake S. Drexler
Issuer symbol
BWFG
Transactions as of
09 Dec 2021
Net transactions value
+$8,252
Form type
4
Filing time
10 Dec 2021, 10:25:42 UTC
Previous filing
07 Dec 2021
Next filing
04 Jan 2022
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 $8,252 +244 +0.73% $33.82 33,514 09 Dec 2021 Deferred Compensation Plan
holding BWFG Common Stock 2,000 09 Dec 2021 Direct F1
holding BWFG Common Stock 3,520 09 Dec 2021 Direct F2
holding BWFG Common Stock 900 09 Dec 2021 Direct F3
holding BWFG Common Stock 600 09 Dec 2021 Direct F4
holding BWFG Common Stock 250 09 Dec 2021 Direct F5
holding BWFG Common Stock 58,224 09 Dec 2021 Held as Trustee
holding BWFG Common Stock 1,128 09 Dec 2021 IRA-401(k)
holding BWFG Common Stock 146,625 09 Dec 2021 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 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.
F5 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.