0001505732-23-000290.txt : 20231218 0001505732-23-000290.hdr.sgml : 20231218 20231218144928 ACCESSION NUMBER: 0001505732-23-000290 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231215 FILED AS OF DATE: 20231218 DATE AS OF CHANGE: 20231218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gruseke Christopher R CENTRAL INDEX KEY: 0001422086 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36448 FILM NUMBER: 231493437 MAIL ADDRESS: STREET 1: C/O BANKWELL FINANCIAL GROUP, INC. STREET 2: 220 ELM STREET CITY: NEW CANAAN STATE: CT ZIP: 06840 FORMER NAME: FORMER CONFORMED NAME: Gruseke Christopher DATE OF NAME CHANGE: 20071226 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Bankwell Financial Group, Inc. CENTRAL INDEX KEY: 0001505732 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 208251355 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 208 ELM STREET CITY: NEW CANAAN STATE: CT ZIP: 06840 BUSINESS PHONE: (203) 972-3838 MAIL ADDRESS: STREET 1: 208 ELM STREET CITY: NEW CANAAN STATE: CT ZIP: 06840 FORMER COMPANY: FORMER CONFORMED NAME: BNC Financial Group, Inc. DATE OF NAME CHANGE: 20101115 4 1 wk-form4_1702928958.xml FORM 4 X0508 4 2023-12-15 0 0001505732 Bankwell Financial Group, Inc. BWFG 0001422086 Gruseke Christopher R C/O BANKWELL FINANCIAL GROUP, INC. 258 ELM STREET NEW CANAAN CT 06840 0 1 0 0 President & CEO 0 Common Stock 2023-12-15 4 F 0 2882 28.83 D 154991 D Common Stock 12500 I IRA Common Stock 15543 D Common Stock 8221 D Common Stock 3578 D 2,882 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for a total 6,400 shares. Range of reported price is $28.72 - $29.11. Reporting person agrees to provide individual transaction to SEC upon request. 62,287 shares reported are owned jointly with spouse. 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 to vest 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 goal is achieved. 12,333 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 6,167 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vesting on February 7, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 6,166 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 4,112 shares have vested. 10,742 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 5,371 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vesting on January 2, 2022 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 5,371 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 7,164 shares have vested. /s/ Courtney E. Sacchetti, Attorney-in-Fact for Christopher R. Gruseke 2023-12-18