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4//SEC Filing

DeWyngaert Heidi 4

Accession 0001140361-18-009603

CIK 0001505732other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 4:24 PM ET

Size

12.2 KB

Accession

0001140361-18-009603

Insider Transaction Report

Form 4
Period: 2018-02-20
Transactions
  • Award

    Common Stock

    2018-02-20+1,5001,500 total
  • Award

    Common Stock

    2018-02-20+1,5001,500 total
Holdings
  • Common Stock

    2,520
  • Common Stock

    1,988
  • Common Stock

    59,591
  • Stock Options

    Exercise: $12.64From: 2014-06-23Exp: 2019-06-23Common Stock (1,500 underlying)
    1,500
  • Stock Options

    Exercise: $20.70From: 2015-03-26Exp: 2018-03-26Common Stock (4,000 underlying)
    4,000
Footnotes (4)
  • [F1]18,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 6,300 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. As of the Transaction Date, 3,780 Shares have fully vested. 3,978 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, 1,990 Shares have fully vested. 7,722 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. As of the Transaction Date, all 7,722 Performance Shares have vested.
  • [F2]Of the Shares reported, 13,486 Shares are owned jointly with spouse.
  • [F3]3,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 1,500 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2019 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 1,500 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
  • [F4]Stock Options granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan, all of which are fully vested.

Documents

1 file

Issuer

Bankwell Financial Group, Inc.

CIK 0001505732

Entity typeother

Related Parties

1
  • filerCIK 0001607544

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 4:24 PM ET
Size
12.2 KB