Blake S. Drexler - 25 Aug 2022 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
29 Aug 2022, 10:14:01 UTC
Prior SEC filing
25 May 2022
Next SEC filing
23 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Penko Ivanov, Attorney-in-Fact for Blake S. Drexler

Key filing fact

Blake S. Drexler filed Form 4 for Bankwell Financial Group, Inc. (BWFG) on 29 Aug 2022.

Key facts

  • This page summarizes Blake S. Drexler's Form 4 filing for Bankwell Financial Group, Inc. (BWFG).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 29 Aug 2022, 10:14.

Change

  • Previous filing in this sequence was filed on 25 May 2022.
  • Current net transaction value: +$4,572.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BWFG transaction

Common Stock

Purchase

Transaction value
$4,572
Shares
+140
Change %
+0.41%
Price
$32.66
Shares after
34,360
Date
25 Aug 2022
Ownership
Deferred Compensation Plan
Footnotes
F1
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,600
Date
25 Aug 2022
Ownership
Direct
Footnotes
F2
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,500
Date
25 Aug 2022
Ownership
Direct
Footnotes
F3
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,520
Date
25 Aug 2022
Ownership
Direct
Footnotes
F4
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
600
Date
25 Aug 2022
Ownership
Direct
Footnotes
F5
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
300
Date
25 Aug 2022
Ownership
Direct
Footnotes
F6
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
58,224
Date
25 Aug 2022
Ownership
Held as Trustee
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,128
Date
25 Aug 2022
Ownership
IRA-401(k)
BWFG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
147,975
Date
25 Aug 2022
Ownership
Direct
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Range of reported purchase price is $32.60 - $32.66. Reporting person agrees to provide individual transaction information to SEC upon request.

Footnote F2

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.

Footnote 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 the transaction date, 500 shares have vested.

Footnote F4

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.

Footnote 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 the transaction date, 600 shares have vested.

Footnote 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 the transaction date, 900 shares have vested.

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