Home/Filings/4/0001505732-22-000066
4//SEC Filing

Ivanov Penko Krassimir 4

Accession 0001505732-22-000066

CIK 0001505732other

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 1:10 PM ET

Size

11.7 KB

Accession

0001505732-22-000066

Insider Transaction Report

Form 4
Period: 2022-02-07
Ivanov Penko Krassimir
EVP & Chief Accounting Officer
Transactions
  • Award

    Common Stock

    2022-02-07+133133 total
Holdings
  • Common Stock

    2,684
  • Common Stock

    4,316
  • Common Stock

    500
  • Common Stock

    19,043
  • Common Stock

    500
  • Common Stock

    (indirect: By IRA)
    1,479
Footnotes (8)
  • [F1]An additional 133 performance based shares were granted and vested on February 7, 2022 as a result of meeting performance metrics from previously issued grants.
  • [F2]4,316 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,158 of those shares are restricted stock that will vest in three substantially equalannual installments, with the first installment to vest on February 7, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,158 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
  • [F3]4,028 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,014 of those shares are restricted stock that will vest in three substantially equal annual 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. 2,014 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 1,344 shares have vested. An additional 269 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 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.
  • [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 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.
  • [F6]730 shares reported are held jointly with spouse.
  • [F7]1,000 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, all shares have vested.
  • [F8]1,000 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, 2020 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, all shares have vested.

Issuer

Bankwell Financial Group, Inc.

CIK 0001505732

Entity typeother

Related Parties

1
  • filerCIK 0001577827

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 1:10 PM ET
Size
11.7 KB