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