Home/Filings/4/0001505732-19-000031
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DeWyngaert Heidi 4

Accession 0001505732-19-000031

CIK 0001505732other

Filed

Dec 3, 7:00 PM ET

Accepted

Dec 4, 10:33 AM ET

Size

7.9 KB

Accession

0001505732-19-000031

Insider Transaction Report

Form 4
Period: 2019-12-02
Transactions
  • Tax Payment

    Common Stock

    2019-12-02$28.91/sh716$20,70059,266 total
Holdings
  • Common Stock

    1,000
  • Common Stock

    1,500
Footnotes (5)
  • [F1]716 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 2,254 shares.
  • [F2]Of the shares reported, 56,513 Shares are owned jointly with spouse.
  • [F3]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, all 6,300 shares have 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, all 3,978 shares have 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.
  • [F4]1,500 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are performance restricted stock and may vest when and if the performance goal is achieved.
  • [F5]1,500 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 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. As of the transaction date, 500 Shares have vested.

Issuer

Bankwell Financial Group, Inc.

CIK 0001505732

Entity typeother

Related Parties

1
  • filerCIK 0001607544

Filing Metadata

Form type
4
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 10:33 AM ET
Size
7.9 KB