Lawrence B. Seidman - Dec 5, 2022 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Penko Ivanov, Attorney-in-Fact for Lawrence B. Seidman
Stock symbol
BWFG
Transactions as of
Dec 5, 2022
Transactions value $
$4,990
Form type
4
Date filed
12/7/2022, 11:50 AM
Previous filing
Nov 22, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $4.99K +171 +4.85% $29.18 3.7K Dec 5, 2022 Direct F1, F2
holding BWFG Common Stock 1.6K Dec 5, 2022 Direct F3
holding BWFG Common Stock 1.5K Dec 5, 2022 Direct F4
holding BWFG Common Stock 2.17K Dec 5, 2022 Direct
holding BWFG Common Stock 174K Dec 5, 2022 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 126K Dec 5, 2022 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 135K Dec 5, 2022 By Seidman Investment Partnership II, L.P.
holding BWFG Common Stock 30.8K Dec 5, 2022 By Seidman Investment Partnership III, L.P.
holding BWFG Common Stock 102K Dec 5, 2022 By LSBK06-08, L.L.C.
holding BWFG Common Stock 124K Dec 5, 2022 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 19K Dec 5, 2022 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 Range of reported purchase price is $29.15 - $29.24. Reporting person agrees to provide individual transaction information to SEC upon request.
F2 Shares owned as a result of purchases made under a Director's Share Purchase Plan.
F3 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.
F4 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.