Courtney E. Sacchetti - 03 Jan 2023 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Signature
/s/ Courtney E. Sacchetti
Issuer symbol
BWFG
Transactions as of
03 Jan 2023
Net transactions value
-$1,303
Form type
4
Filing time
17 Jan 2023, 13:55:32 UTC
Previous filing
03 Jan 2023
Next filing
24 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Tax liability $1,303 -46 -6% $28.33 722 03 Jan 2023 Direct F1, F2
holding BWFG Common Stock 750 03 Jan 2023 Direct F3
holding BWFG Common Stock 125 03 Jan 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 46 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 125 shares.
F2 Range of reported purchase price is $28.22 - $28.69. Reporting person agrees to provide individual transaction information to SEC upon request.
F3 750 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in four substantially equal annual installments, with the first installment to vest on February 7, 2023 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter.
F4 500 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in four substantially equal annual installments, with the first installment to vest on January 2, 2021 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 375 shares have vested.