Darryl Demos - Dec 13, 2024 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Darryl M. Demos
Stock symbol
BWFG
Transactions as of
Dec 13, 2024
Transactions value $
$74,669
Form type
4
Date filed
12/17/2024, 11:58 AM
Previous filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Purchase $25K +765 +13.04% $32.62 6.63K Dec 13, 2024 Direct
transaction BWFG Common Stock Purchase $49.7K +1.53K +23% $32.60 8.16K Dec 13, 2024 Direct
holding BWFG Common Stock 834 Dec 13, 2024 Direct F1
holding BWFG Common Stock 1.6K Dec 13, 2024 Direct F2
holding BWFG Common Stock 1.2K Dec 13, 2024 Direct F3
* 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. As of the filing date, 1,666 shares have vested.
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.