Daniel S. Jones - May 23, 2022 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for Daniel S. Jones
Stock symbol
BWFG
Transactions as of
May 23, 2022
Transactions value $
$9,017
Form type
4
Date filed
5/25/2022, 02:09 PM
Previous filing
May 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $5.13K +152 +0.51% $33.72 30K May 23, 2022 Deferred Compensation Plan
transaction BWFG Common Stock Purchase $3.89K +115 +0.38% $33.84 30.2K May 24, 2022 Deferred Compensation Plan
holding BWFG Common Stock 1.6K May 23, 2022 Direct F1
holding BWFG Common Stock 1.5K May 23, 2022 Direct F2
holding BWFG Common Stock 3.52K May 23, 2022 Direct F3
holding BWFG Common Stock 600 May 23, 2022 Direct F4
holding BWFG Common Stock 300 May 23, 2022 Direct F5
holding BWFG Common Stock 236K May 23, 2022 Direct F6
* 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 the transaction date, 500 shares have vested.
F3 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.
F4 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, 600 shares have vested.
F5 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, 900 shares have vested.
F6 69,494 of shares reported are owned by spouse.