Todd Lampert - 07 Feb 2024 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role: Director
Signature: /s/ Courtney E. Sacchetti, Attorney-in-Fact for Todd Lampert
Issuer symbol: BWFG
Transactions as of: 07 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 09 Feb 2024, 14:30:03 UTC
Previous filing: 03 Jan 2024
Next filing: 18 Dec 2024
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	+400		$0.000000	400	07 Feb 2024	Direct	F1
holding	BWFG	Common Stock						834	07 Feb 2024	Direct	F2
holding	BWFG	Common Stock						1,600	07 Feb 2024	Direct	F3
holding	BWFG	Common Stock						11,846	07 Feb 2024	Direct
holding	BWFG	Common Stock						1,200	07 Feb 2024	Direct	F4
holding	BWFG	Common Stock						800	07 Feb 2024	Direct	F5
holding	BWFG	Common Stock						500	07 Feb 2024	Direct	F6
holding	BWFG	Common Stock						3,520	07 Feb 2024	Direct	F7
holding	BWFG	Common Stock						9,699	07 Feb 2024	Spouse's IRA
holding	BWFG	Common Stock						8,608	07 Feb 2024	IRA

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	400 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with the only installment to vest on February 7, 2025.
F2	2,500 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 833 vested immediately on December 29, 2023. 833 vesting on February 7, 2024 and 834 will vest on February 7, 2025. As of the transaction date, 1,666 shares have vested.
F3	1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan and will vest in three equal annual installments, with the first installment to vest on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter.
F4	1,600 shares of restricted stock granted on December 30, 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 vesting on January 2, 2024 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	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 vesting on January 2, 2023 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 800 shares have vested.
F6	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, 1,500 shares have vested.
F7	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.