4//SEC Filing
Chivily Christine 4
Accession 0001505732-23-000054
CIK 0001505732other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 3:01 PM ET
Size
318.8 KB
Accession
0001505732-23-000054
Insider Transaction Report
Form 4
Chivily Christine
EVP & Chief Credit Officer
Transactions
- Award
Common Stock
2023-01-02+972→ 18,059 total - Tax Payment
Common Stock
2023-01-03$28.41/sh−1,700$48,297→ 16,859 total - Award
Common Stock
2023-01-02+500→ 18,559 total
Holdings
- 1,943
Common Stock
- 5,000
Common Stock
- 4,111
Common Stock
Footnotes (9)
- [F1]972 performance based shares were granted and vested on January 2, 2023 as a result of meeting performance metrics from previously issued grants.
- [F2]500 performance based shares were granted and vested on January 2, 2023 as a result of meeting performance metrics from previously issued grants.
- [F3]1,700 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 4,416 shares.
- [F4]Range of reported sale price is $28.22 - $28.69. Reporting person agrees to provide individual transaction information to SEC upon request.
- [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 all shares have vested.
- [F6]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, 1,500 shares have vested.
- [F7]5,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,500 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on July 1, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,500 of those shares are performance restricted stock and may vest when and if the performance goal is achieve.
- [F8]4,111 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,056 of those shares are restricted stock that will vest in three substantially equal annual 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. 2,055 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
- [F9]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 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. 2,915 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 3,888 shares have vested.
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0001665699
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 3:01 PM ET
- Size
- 318.8 KB