Angelo G. Fusaro - 02 Jan 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Signature
/s/ Angelo G. Fusaro
Issuer symbol
BWFG
Transactions as of
02 Jan 2025
Net transactions value
-$2,804
Form type
4
Filing time
03 Jan 2025, 14:03:02 UTC
Previous filing
09 Feb 2024
Next filing
10 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Tax liability $2,804 -92 -6.8% $30.48 1,266 02 Jan 2025 Direct F1, F2
holding BWFG Common Stock 750 02 Jan 2025 Direct F3
holding BWFG Common Stock 500 02 Jan 2025 Direct F4
holding BWFG Common Stock 750 02 Jan 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 92 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 250 shares.
F2 Range of reported price is $30.28 to $30.69. Reporting person agrees to provide individual transaction to SEC upon request.
F3 750 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 250 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter.
F4 1,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in four substantially equal annual installments, with the first installment vested on February 7, 2023 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 500 shares have vested.
F5 1,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in four substantially equal annual installments, with the first installment vested on February 7, 2024 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 250 shares have vested.