Home/Filings/4/0001505732-22-000020
4//SEC Filing

Waitz Laura 4

Accession 0001505732-22-000020

CIK 0001505732other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 2:27 PM ET

Size

9.7 KB

Accession

0001505732-22-000020

Insider Transaction Report

Form 4
Period: 2022-01-03
Waitz Laura
EVP & Chief of Staff
Transactions
  • Tax Payment

    Common Stock

    2022-01-03$32.46/sh1,328$43,1072,205 total
Holdings
  • Common Stock

    3,887
  • Common Stock

    500
  • Common Stock

    500
  • Common Stock

    666
Footnotes (6)
  • [F1]1,328 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 3,533 shares.
  • [F2]Range of reported sale price is $32.03 - $33.20. Reporting person agrees to provide individual transaction information to SEC upon request.
  • [F3]5,831 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,916 of those shares are restricted stock that will vest in three substantially equalannual installments, with the first installment to vest on January 2, 2022 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,915 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 1,944 shares have vested. An additional 389 performance based shares were granted and vested on January 2, 2022 as a result of meeting performance metrics.
  • [F4]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 January 2, 2021 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 1,000 shares have vested.
  • [F5]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. As of the transaction date, 1,000 shares have vested. An additional 200 performance based shares were granted and vested on January 2, 2022 as a result of meeting performance metrics.
  • [F6]2,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 1,000 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2020 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 667 shares have vested. 1,000 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 667 shares have vested.

Issuer

Bankwell Financial Group, Inc.

CIK 0001505732

Entity typeother

Related Parties

1
  • filerCIK 0001718796

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 2:27 PM ET
Size
9.7 KB