Todd Lampert - 21 Sep 2022 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: Director
Signature: /s/ Penko Ivanov, Attorney-in-Fact for Todd Lampert
Issuer symbol: BWFG
Transactions as of: 21 Sep 2022
Net transactions value: -$60,060
Form type: 4
Filing time: 23 Sep 2022, 16:25:27 UTC
Previous filing: 06 Jan 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Sale	$7,188	-230	-2%	$31.25	11,300	21 Sep 2022	Direct
transaction	BWFG	Common Stock	Sale	$30,150	-1,000	-8.8%	$30.15	10,300	22 Sep 2022	Direct
transaction	BWFG	Common Stock	Sale	$22,723	-770	-7.5%	$29.51	9,530	23 Sep 2022	Direct
holding	BWFG	Common Stock						1,600	21 Sep 2022	Direct	F1
holding	BWFG	Common Stock						800	21 Sep 2022	Direct	F2
holding	BWFG	Common Stock						1,500	21 Sep 2022	Direct	F3
holding	BWFG	Common Stock						3,520	21 Sep 2022	Direct	F4
holding	BWFG	Common Stock						600	21 Sep 2022	Direct	F5
holding	BWFG	Common Stock						300	21 Sep 2022	Direct	F6
holding	BWFG	Common Stock						9,699	21 Sep 2022	Spouse's IRA
holding	BWFG	Common Stock						8,608	21 Sep 2022	IRA

* 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	800 shares of restricted stock granted on December 31, 2021, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan which will fully vest on January 2, 2023.
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.
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.
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.
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.