Todd Lampert - Feb 7, 2024 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Courtney E. Sacchetti, Attorney-in-Fact for Todd Lampert
Stock symbol
BWFG
Transactions as of
Feb 7, 2024
Transactions value $
$0
Form type
4
Date filed
2/9/2024, 02:30 PM
Previous filing
Jan 3, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Award $0 +400 $0.00 400 Feb 7, 2024 Direct F1
holding BWFG Common Stock 834 Feb 7, 2024 Direct F2
holding BWFG Common Stock 1.6K Feb 7, 2024 Direct F3
holding BWFG Common Stock 11.8K Feb 7, 2024 Direct
holding BWFG Common Stock 1.2K Feb 7, 2024 Direct F4
holding BWFG Common Stock 800 Feb 7, 2024 Direct F5
holding BWFG Common Stock 500 Feb 7, 2024 Direct F6
holding BWFG Common Stock 3.52K Feb 7, 2024 Direct F7
holding BWFG Common Stock 9.7K Feb 7, 2024 Spouse's IRA
holding BWFG Common Stock 8.61K Feb 7, 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.