Lawrence B. Seidman - 31 Oct 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
Issuer symbol: BWFG
Transactions as of: 31 Oct 2024
Net transactions value: +$144,665
Form type: 4
Filing time: 01 Nov 2024, 16:00:36 UTC
Previous filing: 12 Sep 2024
Next filing: 26 Nov 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	Purchase	$35,453	+1,220	+0.69%	$29.06	178,193	31 Oct 2024	By Seidman and Associates, L.L.C.
transaction	BWFG	Common Stock	Purchase	$25,494	+877	+0.69%	$29.07	128,045	31 Oct 2024	By Seidman Investment Partnership, L.P.
transaction	BWFG	Common Stock	Purchase	$33,663	+1,158	+0.69%	$29.07	168,997	31 Oct 2024	By Seidman Investment Partnership II, L.P.
transaction	BWFG	Common Stock	Purchase	$20,850	+717	+0.69%	$29.08	104,626	31 Oct 2024	By LSBK06-08, L.L.C.
transaction	BWFG	Common Stock	Purchase	$25,291	+870	+0.69%	$29.07	127,042	31 Oct 2024	By Broad Park Investors, L.L.C.
transaction	BWFG	Common Stock	Purchase	$3,913	+134	+0.69%	$29.20	19,539	31 Oct 2024	By Chewy Gooey Cookies, L.P.
holding	BWFG	Common Stock						1,697	31 Oct 2024	Deferred Compensation Plan
holding	BWFG	Common Stock						834	31 Oct 2024	Direct	F1
holding	BWFG	Common Stock						1,600	31 Oct 2024	Direct	F2
holding	BWFG	Common Stock						1,200	31 Oct 2024	Direct	F3
holding	BWFG	Common Stock						800	31 Oct 2024	Direct	F4
holding	BWFG	Common Stock						500	31 Oct 2024	Direct	F5
holding	BWFG	Common Stock						12,491	31 Oct 2024	Direct

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

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	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.
F4	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.
F5	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.