Angelo G. Fusaro - 07 Feb 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Principal Accounting Officer
Signature
/s/ Angelo G. Fusaro
Issuer symbol
BWFG
Transactions as of
07 Feb 2025
Net transactions value
-$8,883
Form type
4
Filing time
10 Feb 2025, 14:16:16 UTC
Previous filing
03 Jan 2025
Next filing
10 Feb 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Sale $8,883 -279 -14% $31.84 1,737 07 Feb 2025 Direct F1
transaction BWFG Common Stock Award $0 +306 $0.000000 306 07 Feb 2025 Direct F2
holding BWFG Common Stock 500 07 Feb 2025 Direct F3
holding BWFG Common Stock 250 07 Feb 2025 Direct F4
holding BWFG Common Stock 500 07 Feb 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 279 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 750 shares.
F2 306 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2026 and the second and third installments to vest on each annual anniversary of the vesting date thereafter.
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 vested on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 250 shares have vested.
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, 750 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, 500 shares have vested.