Bankwell Financial Group, Inc. 4
4 · Bankwell Financial Group, Inc. · Filed Nov 16, 2015
Insider Transaction Report
Form 4
LISS VICTOR S
Director
Transactions
- Exercise/Conversion
Warrants
2015-11-13$14.00/sh−1,610$22,540→ 0 totalExercise: $14.00From: 2015-10-05Exp: 2015-12-05→ Common Stock (1,610 underlying) - Exercise/Conversion
Common Stock
2015-11-13$14.00/sh+1,610$22,540→ 1,610 total
Holdings
- 17,000
Common Stock
- 1,000
Common Stock
- 400
Common Stock
- 5,000
Common Stock
Footnotes (3)
- [F1]400 shares of restricted stock granted pursuant to the 2012 BNC Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on November 5, 2014 and an additional 25% to vest on each annual anniversary of the grant date thereafter.
- [F2]1,000 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares vest in three substantially equal installments - the first immediately on December 15, 2014 and then on each of December 3, 2015 and December 3, 2016.
- [F3]All 5,000 Shares were Units, upon exercise of the Warrants on November 13 2015, the Units became Common Stock. Each Unit consisted of one share of Common Stock and an attached Warrant which gives the Reporting Person the right to purchase .3221 shares of the Company's Common Stock at $14.00 per share once exercised. The exercise period for the Warrants is currently set for October 5, 2015 through December 5, 2015. The associated Common Stock is disclosed in Table I, and the associated Warrants in Table II.