4//SEC Filing
Brunner Steven H 4
Accession 0001505732-24-000051
CIK 0001505732other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 2:34 PM ET
Size
12.2 KB
Accession
0001505732-24-000051
Insider Transaction Report
Form 4
Brunner Steven H
EVP & Chief Risk Officer
Transactions
- Tax Payment
Common Stock
2024-02-07$24.59/sh−465$11,434→ 3,221 total - Award
Common Stock
2024-02-07+4,894→ 4,894 total
Holdings
- 1,070
Common Stock
- 1,333
Common Stock
- 3,728
Common Stock
- 2,522
Common Stock
- 1,068
Common Stock
Footnotes (8)
- [F1]465 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 1,069 shares.
- [F2]Range of reported sale price is $24.50 - $24.63. Reporting person agrees to provide individual transaction information to SEC upon request.
- [F3]4,894 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,447 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. 2,447 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
- [F4]2,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vesting on August 31 , 2023 and the second, and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 667 shares have vested.
- [F5]7,457 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in two substantially equal annual installments, with the first installment vesting on December 15, 2023 and the second on December 15, 2024. As of the transaction date, 3,729 shares have vested.
- [F6]2,522 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in two substantially equal annual installments, with the first installment vesting on March 15 , 2024 and the second on March 15 , 2025.
- [F7]1,604 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The 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. As of the transaction date, 534 shares have vested.
- [F8]1,603 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,603 of those shares are performance restricted stock and may vest when and if the performance goal is achieved, 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. As of the transaction date, 535 shares have vested.
Documents
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0002009787
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 2:34 PM ET
- Size
- 12.2 KB