X0306 4 2015-04-17 0 0001505732 Bankwell Financial Group, Inc. BWFG 0001422086 Gruseke Christopher C/O BANKWELL FINANCIAL GROUP, INC. 220 ELM STREET NEW CANAAN CT 06840 0 1 0 0 President & CEO Common Stock 14000 D Common Stock 36625 I Joint with Wife Common Stock 2015-04-17 4 A 0 40000 0.00 A 40000 D Warrants 14.00 2015-10-01 2015-12-01 Common Stock 4509 4509 D Each Unit consists of one share of Common Stock and an attached Warrant which gives the Reporting Person the right to purchse .3221 shares of the Company's Common Stock at $14.00 per share once exercised. The exercise period for the Warrants is currently set for October 1, 2015 though December 1, 2015. The associated Common Stock is disclosed in Table I, and the associated Warrants in Table II. 40,000 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal installments of 25%, with the first installment to vest on December 1, 2015 and an additional 25% to vest on the anniversay of the vesting date thereafter. /s/ Christopher Gruseke by POA 2015-04-17