4//SEC Filing
Gruseke Christopher R 4
Accession 0001505732-25-000019
CIK 0001505732other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 2:01 PM ET
Size
8.5 KB
Accession
0001505732-25-000019
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
2025-02-07$32.12/sh−1,908$61,285→ 167,566 total
Holdings
- 9,136
Common Stock
- 12,500(indirect: By IRA)
Common Stock
- 5,181
Common Stock
Footnotes (5)
- [F1]1,908 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 5,772 shares.
- [F2]Range of reported sale price is $31.53 - $32.87. 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 vested 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 goals are achieved. As of the filing date, 3,051 shares have vested and 1,517 shares were forfeited.
- [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 vested 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 goals are achieved. As of the filing date, 7,772 shares have vested and 2,590 shares were forfeited.
Documents
Issuer
Bankwell Financial Group, Inc.
CIK 0001505732
Entity typeother
Related Parties
1- filerCIK 0001422086
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 2:01 PM ET
- Size
- 8.5 KB