Form 4 for BWFG Bankwell Financial Group, Inc.
Accepted 2022-02-09 00:00:00 ET · period of report 2022-02-07 · accession 0001505732-22-000065 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-09 | 2022-02-08 | BWFG | Waitz Laura | EVP, COO | F - Tax | $33.86 | -251 | 2,753 | -8% | -$8,499 | |
| 2022-02-09 | 2022-02-07 | BWFG | Waitz Laura | EVP, COO | A - Grant | $0.00 | +133 | 3,004 | +5% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-08 | F | D | 251 | $33.86 | 2,753 | D | — | — | (F3) 251 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 799 shares. (F4) Range of reported sale price is $33.83 - $33.87. Reporting person agrees to provide individual transaction information to SEC upon request. (F2) 2,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 1,000 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2020 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. 1,000 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, all shares have vested. |
| 2 | Common | Common Stock | 2022-02-07 | A | A | 133 | $0.00 | 3,004 | D | — | — | (F1) An additional 133 performance based shares were granted and vested on February 7, 2022 as a result of meeting performance metrics from previously issued grants. (F2) 2,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 1,000 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2020 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. 1,000 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, all shares have vested. |