Lawrence B. Seidman - Jun 10, 2024 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: Jun 10, 2024
Transactions value $: $6,263
Form type: 4
Date filed: 6/12/2024, 12:46 PM
Previous filing: Jun 10, 2024
Next filing: Aug 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BWFG	Common Stock	Purchase	$5.3K	+221	+23.94%	$24.00	1.14K	Jun 10, 2024	Deferred Compensation Plan	F1
transaction	BWFG	Common Stock	Purchase	$959	+40	+3.5%	$23.97	1.18K	Jun 11, 2024	Deferred Compensation Plan
holding	BWFG	Common Stock						12.4K	Jun 10, 2024	Direct
holding	BWFG	Common Stock						176K	Jun 10, 2024	By Seidman and Associates, L.L.C.
holding	BWFG	Common Stock						126K	Jun 10, 2024	By Seidman Investment Partnership, L.P.
holding	BWFG	Common Stock						167K	Jun 10, 2024	By Seidman Investment Partnership II, L.P.
holding	BWFG	Common Stock						103K	Jun 10, 2024	By LSBK06-08, L.L.C.
holding	BWFG	Common Stock						125K	Jun 10, 2024	By Broad Park Investors, L.L.C.
holding	BWFG	Common Stock						19.3K	Jun 10, 2024	By Chewy Gooey Cookies, L.P.
holding	BWFG	Common Stock						834	Jun 10, 2024	Direct	F2
holding	BWFG	Common Stock						1.6K	Jun 10, 2024	Direct	F3
holding	BWFG	Common Stock						1.2K	Jun 10, 2024	Direct	F4
holding	BWFG	Common Stock						800	Jun 10, 2024	Direct	F5
holding	BWFG	Common Stock						500	Jun 10, 2024	Direct	F6

* 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 $23.99 to $24.10. Reporting person agrees to provide individual transaction to SEC upon request.
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 vested on February 7, 2024 and 834 will vest on February 7, 2025.
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 of 25%, with the first installment to vest on February 7, 2025 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 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 vested on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing 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 vested on January 2, 2023 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing 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 vested on January 2, 2022 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,500 shares have vested.