Lawrence B. Seidman - 31 Dec 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
31 Dec 2021
Net transactions value
$0
Form type
4
Filing time
06 Jan 2022, 14:41:36 UTC
Previous filing
13 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 Award $0 +1,600 $0.000000 1,600 31 Dec 2021 Direct F1
holding BWFG Common Stock 1,500 31 Dec 2021 Direct F2
holding BWFG Common Stock 1,845 31 Dec 2021 Direct F3
holding BWFG Common Stock 2,165 31 Dec 2021 Direct
holding BWFG Common Stock 173,910 31 Dec 2021 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 125,516 31 Dec 2021 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 135,206 31 Dec 2021 By Seidman Investment Partnership II, L.P.
holding BWFG Common Stock 30,761 31 Dec 2021 By Seidman Investment Partnership III, L.P.
holding BWFG Common Stock 102,111 31 Dec 2021 By LSBK06-08, L.L.C.
holding BWFG Common Stock 124,141 31 Dec 2021 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 19,023 31 Dec 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 1,600 shares of restricted stock granted on December 31, 2021, 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, 2023 and an additional 25% to vest on each annual anniversary of the vesting date thereafter.
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. As of January 2, 2022, 500 shares have vested.
F3 Shares owned as a result of purchases made under a Director's Share Purchase Plan.