0001505732-24-000046.txt : 20240209 0001505732-24-000046.hdr.sgml : 20240209 20240209143115 ACCESSION NUMBER: 0001505732-24-000046 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240207 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 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: 24614059 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_1707507066.xml FORM 4 X0508 4 2024-02-07 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 2024-02-07 4 F 0 4320 24.36 D 161778 D Common Stock 2024-02-07 4 A 0 13704 0 A 13704 D Common Stock 12500 I IRA Common Stock 10362 D Common Stock 4110 D 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. Range of reported sale price is $23.49 - $24.79. Reporting person agrees to provide individual transaction information to SEC upon request. 62,287 shares reported are owned jointly with spouse. 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. 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 vesting 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. As of the transaction date, 5,181 shares have vested. 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, 8,224 shares have vested. /s/ Courtney E. Sacchetti, Attorney-in-Fact for Christopher R. Gruseke 2024-02-09