4//SEC Filing
Chivily Christine 4
Accession 0001505732-23-000086
CIK 0001505732other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 2:20 PM ET
Size
11.3 KB
Accession
0001505732-23-000086
Insider Transaction Report
Form 4
Chivily Christine
EVP & Chief Credit Officer
Transactions
- Award
Common Stock
2023-02-07+685→ 18,915 total - Tax Payment
Common Stock
2023-02-08$30.38/sh−644$19,565→ 18,271 total
Holdings
- 4,589
Common Stock
- 1,943
Common Stock
- 5,000
Common Stock
- 2,740
Common Stock
Footnotes (7)
- [F1]685 performance based shares were granted and vested on February 7, 2023 as a result of meeting performance metrics from previously issued grants.
- [F2]644 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 2,056 shares.
- [F3]Range of reported sale price is $29.84 - $30.59. Reporting person agrees to provide individual transaction information to SEC upon request.
- [F4]4,589 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,295 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,294 of those shares are performance restricted stock and may vest when and if the performance goal is achieved
- [F5]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 achieved.
- [F6]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. As of the transaction date, 1,371 shares have vested.
- [F7]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.
Documents
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0001665699
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 2:20 PM ET
- Size
- 11.3 KB