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4//SEC Filing

Sacchetti Courtney E 4

Accession 0001505732-24-000053

CIK 0001505732other

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 2:35 PM ET

Size

9.1 KB

Accession

0001505732-24-000053

Insider Transaction Report

Form 4
Period: 2024-02-07
Sacchetti Courtney E
EVP & Chief Financial Officer
Transactions
  • Tax Payment

    Common Stock

    2024-02-07$24.53/sh212$5,2001,272 total
  • Award

    Common Stock

    2024-02-07+2,9362,936 total
Holdings
  • Common Stock

    1,125
  • Common Stock

    374
Footnotes (5)
  • [F1]212 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 563 shares.
  • [F2]Range of reported sale price is $24.50 - $24.55. Reporting person agrees to provide individual transaction information to SEC upon request.
  • [F3]2,936 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,468 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. 1,468 of those shares are performance restricted stock and may vest when and if the performance goal is achieved.
  • [F4]1,500 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 four substantially equal annual installments, with the first installment vesting on February 7, 2024 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 375 shares have vested.
  • [F5]750 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 four substantially equal annual installments, with the first installment vesting on February 7, 2023 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 376 shares have vested.

Issuer

Bankwell Financial Group, Inc.

CIK 0001505732

Entity typeother

Related Parties

1
  • filerCIK 0001956565

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 2:35 PM ET
Size
9.1 KB