Blake S. Drexler - Dec 12, 2023 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Courtney E. Sacchetti, Attorney-in-Fact for Blake S. Drexler
Stock symbol
BWFG
Transactions as of
Dec 12, 2023
Transactions value $
$1,105
Form type
4
Date filed
12/14/2023, 12:16 PM
Previous filing
Nov 22, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $1.11K +40 +0.11% $27.63 35.4K Dec 12, 2023 Deferred Compensation Plan F1
holding BWFG Common Stock 1.6K Dec 12, 2023 Direct F2
holding BWFG Common Stock 1.2K Dec 12, 2023 Direct F3
holding BWFG Common Stock 1K Dec 12, 2023 Direct F4
holding BWFG Common Stock 3.52K Dec 12, 2023 Direct F5
holding BWFG Common Stock 300 Dec 12, 2023 Direct F6
holding BWFG Common Stock 58.2K Dec 12, 2023 Held as Trustee
holding BWFG Common Stock 1.13K Dec 12, 2023 IRA-401(k)
holding BWFG Common Stock 149K Dec 12, 2023 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Range of reported price is $27.43 - $27.65. Reporting person agrees to provide individual transaction to SEC upon request.
F2 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.
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. As of the transaction date 400 shares have vested.
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 vesting 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.
F5 3,520 shares of restricted stock granted on February 7, 2020, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will fully vest on February 7, 2025.
F6 1,200 shares of restricted stock granted on December 20, 2019, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vesting on January 2, 2021 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 900 shares have vested.
F7 1,200 shares of restricted stock granted on March 4, 2019, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vesting on February 7, 2020 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, all shares have vested.