Blake S. Drexler - Sep 6, 2024 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
Sep 6, 2024
Transactions value $
$176
Form type
4
Date filed
9/9/2024, 03:39 PM
Previous filing
Aug 26, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $176 +6 +0.02% $29.35 36K Sep 6, 2024 Deferred Compensation Plan F1
holding BWFG Common Stock 834 Sep 6, 2024 Direct F2
holding BWFG Common Stock 1.6K Sep 6, 2024 Direct F3
holding BWFG Common Stock 1.2K Sep 6, 2024 Direct F4
holding BWFG Common Stock 800 Sep 6, 2024 Direct F5
holding BWFG Common Stock 500 Sep 6, 2024 Direct F6
holding BWFG Common Stock 3.52K Sep 6, 2024 Direct F7
holding BWFG Common Stock 58.2K Sep 6, 2024 Held as Trustee
holding BWFG Common Stock 1.13K Sep 6, 2024 IRA-401(k)
holding BWFG Common Stock 153K Sep 6, 2024 Direct
* 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 $29.34 to $29.35. 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 vesting 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 vesting 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 vesting 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.
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.