Form 4 for BWFG Bankwell Financial Group, Inc.
Accepted 2024-02-09 00:00:00 ET · period of report 2024-02-07 · accession 0001505732-24-000046 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-02-09 | 2024-02-07 | BWFG | Gruseke Christopher R | Pres, CEO | A - Grant | $0.00 | +13.7K | 13.7K | New | $0 | |
| 2024-02-09 | 2024-02-07 | BWFG | Gruseke Christopher R | Pres, CEO | F - Tax | $24.36 | -4,320 | 161.8K | -3% | -$105.2K |
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 | 2024-02-07 | A | A | 13,704 | $0.00 | 13,704 | D | — | — | (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 to vest 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 goal is achieved. |
| 2 | Common | Common Stock | 2024-02-07 | F | D | 4,320 | $24.36 | 161,778 | D | — | — | (F1) 4,320 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 9,292 shares. (F2) Range of reported sale price is $23.49 - $24.79. Reporting person agrees to provide individual transaction information to SEC upon request. (F3) 62,287 shares reported are owned jointly with spouse. |