4//SEC Filing
McNeill Matt 4
Accession 0001505732-23-000056
CIK 0001505732other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 3:31 PM ET
Size
316.1 KB
Accession
0001505732-23-000056
Insider Transaction Report
Form 4
McNeill Matt
President & CBO
Transactions
- Award
Common Stock
2023-01-02+1,450→ 26,445 total - Tax Payment
Common Stock
2023-01-03$28.41/sh−1,674$47,558→ 24,771 total
Holdings
- 9,059
Common Stock
- 2,896
Common Stock
- 3,231
Common Stock
Footnotes (6)
- [F1]1,450 performance based shares were granted and vested on January 2, 2023 as a result of meeting performance metrics from previously issued grants.
- [F2]1,674 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 4,350 shares.
- [F3]Range of reported sale price is $28.21 - $28.69. Reporting person agrees to provide individual transaction information to SEC upon request.
- [F4]9,059 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 4,530 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. 4,529 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
- [F5]8,696 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 4,348 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. 4,348 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 5,800 shares have vested.
- [F6]16,159 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 as follows: 40% on March 1, 2021, 40% on March 1, 2022 and 20% on March 1, 2023. As of the transaction date, 12,928 shares have vested.
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0001806998
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 3:31 PM ET
- Size
- 316.1 KB