Lawrence B. Seidman - Dec 30, 2022 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: Director
Signature: /s/ Courtney E. Sacchetti, Attorney-in-Fact for Lawrence B. Seidman
Stock symbol: BWFG
Transactions as of: Dec 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/4/2023, 11:58 AM
Previous filing: Dec 7, 2022
Next filing: Feb 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Award	$0	+350	+11.42%	$0.00	3.42K	Dec 30, 2022	Direct	F1
transaction	BWFG	Common Stock	Award	$0	+1.6K		$0.00	1.6K	Dec 30, 2022	Direct	F2
holding	BWFG	Common Stock						3.7K	Dec 30, 2022	Direct	F3
holding	BWFG	Common Stock						1.2K	Dec 30, 2022	Direct	F4
holding	BWFG	Common Stock						1K	Dec 30, 2022	Direct	F5
holding	BWFG	Common Stock						174K	Dec 30, 2022	By Seidman and Associates, L.L.C.
holding	BWFG	Common Stock						126K	Dec 30, 2022	By Seidman Investment Partnership, L.P.
holding	BWFG	Common Stock						135K	Dec 30, 2022	By Seidman Investment Partnership II, L.P.
holding	BWFG	Common Stock						30.8K	Dec 30, 2022	By Seidman Investment Partnership III, L.P.
holding	BWFG	Common Stock						102K	Dec 30, 2022	By LSBK06-08, L.L.C.
holding	BWFG	Common Stock						124K	Dec 30, 2022	By Broad Park Investors, L.L.C.
holding	BWFG	Common Stock						19K	Dec 30, 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	350 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. All shares have vested as of January 2, 2023.
F2	1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2022 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, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter.
F3	Shares owned as a result of purchases made under a Director's Share Purchase Plan.
F4	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. As of Janaury 2, 2023, 400 shares have vested
F5	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 January 2, 2023, 1,000 shares have vested.