4//SEC Filing
Chivily Christine 4
Accession 0001505732-25-000023
CIK 0001505732other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 2:07 PM ET
Size
14.1 KB
Accession
0001505732-25-000023
Insider Transaction Report
Form 4
Chivily Christine
EVP & Chief Credit Officer
Transactions
- Sale
Common Stock
2025-02-07$32.63/sh−942$30,737→ 16,047 total - Award
Common Stock
2025-02-07+1,470→ 1,470 total - Award
Common Stock
2025-02-07+245→ 245 total - Award
Common Stock
2025-02-07+490→ 490 total
Holdings
- 1,529
Common Stock
- 3,262
Common Stock
- 1,668
Common Stock
Footnotes (8)
- [F1]942 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 2,540 shares.
- [F2]Range of reported sale price is $32.23 - $32.87. Reporting person agrees to provide individual transaction information to SEC upon request.
- [F3]1,470 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 735 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2026 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 735 of those shares are performance restricted stock with a three year cliff vesting on February 7, 2028 if the performance goals are achieved.
- [F4]245 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. These shares are performance restricted stock with a one year cliff vesting on February 7, 2026 if the performance goals are achieved.
- [F5]490 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. These shares are performance restricted stock with a two year cliff vesting on February 7, 2027 if the performance goals are achieved.
- [F6]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 vested 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 goals are achieved. As of the filing date, 1,090 shares vested and 542 shares were forfeited.
- [F7]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 vested 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 goals are achieved. As of the filing date, 2,295 shares have vested and 765 were forfeited.
- [F8]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 vested 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 goals are achieved. As of the filing date, 3,332 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 9, 7:00 PM ET
- Accepted
- Feb 10, 2:07 PM ET
- Size
- 14.1 KB