4//SEC Filing
Gruseke Christopher R 4
Accession 0001505732-24-000046
CIK 0001505732other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 2:31 PM ET
Size
10.4 KB
Accession
0001505732-24-000046
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2024-02-07$24.36/sh−4,320$105,235→ 161,778 total - Award
Common Stock
2024-02-07+13,704→ 13,704 total
Holdings
- 12,500(indirect: By IRA)
Common Stock
- 4,110
Common Stock
- 10,362
Common Stock
Footnotes (6)
- [F1]4,320 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 9,292 shares.
- [F2]Range of reported sale price is $23.49 - $24.79. Reporting person agrees to provide individual transaction information to SEC upon request.
- [F3]62,287 shares reported are owned jointly with spouse.
- [F4]13,704 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 6,852 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2025 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 6,852 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
- [F5]15,543 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 7,772 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vesting on February 7, 2024 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 7,771 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 5,181 shares have vested.
- [F6]12,333 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 6,167 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vesting on February 7, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 6,166 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 8,224 shares have vested.
Documents
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0001422086
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 2:31 PM ET
- Size
- 10.4 KB