James M. Garnett Jr - Dec 31, 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.
Stock symbol: BWFG
Transactions as of: Dec 31, 2021
Transactions value $: $4,124
Form type: 4
Date filed: 1/4/2022, 02:18 PM
Previous filing: Dec 13, 2021
Next filing: Feb 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Purchase	$131	+4	+0.07%	$32.70	5.43K	Dec 31, 2021	Deferred Compensation Plan
transaction	BWFG	Common Stock	Purchase	$3.99K	+122	+9.08%	$32.73	1.47K	Jan 3, 2022	Direct	F1, F2
holding	BWFG	Common Stock						1.47K	Dec 31, 2021	Direct	F2
holding	BWFG	Common Stock						1.5K	Dec 31, 2021	Direct	F3
holding	BWFG	Common Stock						1.76K	Dec 31, 2021	Direct	F4
holding	BWFG	Common Stock						600	Dec 31, 2021	Direct	F5
holding	BWFG	Common Stock						600	Dec 31, 2021	Direct	F6
holding	BWFG	Common Stock						8.41K	Dec 31, 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 $32.58 - $32.95. 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. As of January 3, 2022, 500 shares have vested.
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 January 3, 2022, 600 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 January 3, 2022, 600 shares have vested.