4//SEC Filing
Bankwell Financial Group, Inc. 4
Accession 0001140361-16-049566
$BWFGCIK 0001505732operating
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 4:56 PM ET
Size
11.3 KB
Accession
0001140361-16-049566
Insider Transaction Report
Form 4
VERRICO ERNEST J SR
EVP & CFO
Transactions
- Purchase
Common Stock
2016-02-01$19.50/sh+2,000$38,998→ 2,000 total(indirect: By IRA)
Holdings
- 3,250
Common Stock
- 7,078
Common Stock
- 1,000
Common Stock
- 4,620
Common Stock
- 3,647
Common Stock
- 1,600
Common Stock
- 16,805(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]5,000 shares of restricted stock granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan and will vest in five equal annual installments of 20%, the first installment of 1,000 shares vested on March 22, 2012 and an additional 20% to vest on each annual anniversary of the grant date thereafter. As of the transaction date, 4,000 Shares have fully vested and been transferred to Joint Ownership with Wife.
- [F2]4,000 shares of restricted stock granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan and will vest in five equal annual installments of 20%, the first installment of 800 shares vested on March 21, 2013 and an additional 20% to vest on each annual anniversary of the grant date thereafter. As of the transaction date, 2,400 Shares have fully vested and been transferred to Joint Ownership with Wife.
- [F3]6,500 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. As of the transaction date, 3,250 Shares have fully vested and been transferred to Joint Ownership with Wife.
- [F4]16,500 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 5,775 of those shares are restricted stock that will vest in five equal annual installments of 20%, with the first installment to vest on December 1, 2015 and an additional 20% to vest on each annual anniversary of the vesting date thereafter. 3,647 of those shares are restricted stock that will vest in four equal annual installments of 25%, with the first installment to vest on December 1, 2016 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 1,155 Shares have fully vested and been transferred to Joint Ownership with Wife. 7,078 of those shares are performance restricted stock and may vest when and if the performance goals are achieved, but in any event no later than December 1, 2019.
Documents
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeoperating
IncorporatedCT
Related Parties
1- filerCIK 0001505732
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 4:56 PM ET
- Size
- 11.3 KB