Lawrence B. Seidman - 30 Dec 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
Issuer symbol
BWFG
Transactions as of
30 Dec 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 11:58:57 UTC
Previous filing
07 Dec 2022
Next filing
07 Feb 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 Award $0 +350 +11% $0.000000 3,415 30 Dec 2022 Direct F1
transaction BWFG Common Stock Award $0 +1,600 $0.000000 1,600 30 Dec 2022 Direct F2
holding BWFG Common Stock 3,698 30 Dec 2022 Direct F3
holding BWFG Common Stock 1,200 30 Dec 2022 Direct F4
holding BWFG Common Stock 1,000 30 Dec 2022 Direct F5
holding BWFG Common Stock 173,910 30 Dec 2022 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 125,516 30 Dec 2022 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 135,206 30 Dec 2022 By Seidman Investment Partnership II, L.P.
holding BWFG Common Stock 30,761 30 Dec 2022 By Seidman Investment Partnership III, L.P.
holding BWFG Common Stock 102,111 30 Dec 2022 By LSBK06-08, L.L.C.
holding BWFG Common Stock 124,141 30 Dec 2022 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 19,023 30 Dec 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.