Carl M. Porto - Dec 18, 2024 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Carl M. Porto
Stock symbol
BWFG
Transactions as of
Dec 18, 2024
Transactions value $
$0
Form type
4
Date filed
12/18/2024, 04:36 PM
Previous filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Award $0 +400 +2.56% $0.00 16K Dec 18, 2024 Direct F1
holding BWFG Common Stock 834 Dec 18, 2024 Direct F2
holding BWFG Common Stock 1.6K Dec 18, 2024 Direct F3
holding BWFG Common Stock 1.2K Dec 18, 2024 Direct F4
holding BWFG Common Stock 800 Dec 18, 2024 Direct F5
holding BWFG Common Stock 500 Dec 18, 2024 Direct F6
holding BWFG Common Stock 1.76K Dec 18, 2024 Direct F7
holding BWFG Common Stock 4.3K Dec 18, 2024 Law Firm Pension Plan
holding BWFG Common Stock 19.1K Dec 18, 2024 Deferred Compensation Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 400 shares of restricted stock granted on December 18, 2024, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 400 vested immediately on December 18, 2024.
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. As of the filing 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 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 31, 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.
F7 1,760 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.