Lawrence B. Seidman - Feb 3, 2023 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
Feb 3, 2023
Transactions value $
$4,968
Form type
4
Date filed
2/7/2023, 11:54 AM
Previous filing
Jan 4, 2023
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $4.97K +161 +4.35% $30.86 3.86K Feb 3, 2023 Direct F1, F2
holding BWFG Common Stock 1.6K Feb 3, 2023 Direct F3
holding BWFG Common Stock 1.2K Feb 3, 2023 Direct F4
holding BWFG Common Stock 1K Feb 3, 2023 Direct F5
holding BWFG Common Stock 3.42K Feb 3, 2023 Direct
holding BWFG Common Stock 174K Feb 3, 2023 By Seidman and Associates, L.L.C.
holding BWFG Common Stock 126K Feb 3, 2023 By Seidman Investment Partnership, L.P.
holding BWFG Common Stock 135K Feb 3, 2023 By Seidman Investment Partnership II, L.P.
holding BWFG Common Stock 30.8K Feb 3, 2023 By Seidman Investment Partnership III, L.P.
holding BWFG Common Stock 102K Feb 3, 2023 By LSBK06-08, L.L.C.
holding BWFG Common Stock 124K Feb 3, 2023 By Broad Park Investors, L.L.C.
holding BWFG Common Stock 19K Feb 3, 2023 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 sale price is $30.56 - $30.91. 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, 2022, 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, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter.
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 the transaction date, 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 the transaction date, 1,000 shares have vested.