| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BWFG | Common Stock | Award | $0 | +500 | +0.36% | $0.000000 | 138,599 | 07 Feb 2022 | Direct | F1, F2, F3, F4 |
| transaction | BWFG | Common Stock | Tax liability | $31,896 | -942 | -0.68% | $33.86 | 137,657 | 08 Feb 2022 | Direct | F2, F3, F4, F5, F6 |
| holding | BWFG | Common Stock | 12,333 | 07 Feb 2022 | Direct | F7 | |||||
| holding | BWFG | Common Stock | 7,160 | 07 Feb 2022 | Direct | F8 | |||||
| holding | BWFG | Common Stock | 12,800 | 07 Feb 2022 | Direct | F9 | |||||
| holding | BWFG | Common Stock | 10,000 | 07 Feb 2022 | IRA |
| Id | Content |
|---|---|
| F1 | An additional 500 performance based shares were granted and vested on February 7, 2022 as a result of meeting performance metrics from previously issued grants. |
| F2 | 71,795 shares reported are owned jointly with spouse. |
| F3 | 3,750 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2020 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, all shares have vested. |
| F4 | 3,750 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, all shares have vested. |
| F5 | 942 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 3,000 shares. |
| F6 | Range of reported sale price is $33.83 - $33.87. Reporting person agrees to provide individual transaction information to SEC upon request. |
| F7 | 12,333 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 6,167 of those shares are restricted stock that will vest in three substantially equalannual installments, with the first installment to vest on February 7, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 6,166 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. |
| F8 | 10,742 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 5,371 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on January 2, 2022 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 5,371 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 3,582 shares have vested. An additional 716 performance based shares were granted and vested on January 2, 2022 as a result of meeting performance metrics. |
| F9 | 32,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 16,000 of those shares are restricted stock that will vest as follows: 40% on December 15, 2020, 20% on December 15, 2021, 20% on December 15, 2022 and 20% on December 15, 2023. 16,000 of those shares are performance restricted stock subject to the same vesting schedule above if performance goals are met. As of the transaction date, 19,200 shares have vested. An additional 1,280 performance based shares were granted and vested on December 15, 2021 as a result of meeting performance metrics. |