X0306 4 2018-03-22 0 0001505732 Bankwell Financial Group, Inc. BWFG 0001650466 Porto Carl M C/O BANKWELL FINANCIAL GROUP, INC. 220 ELM STREET NEW CANAAN CT 06840 1 0 0 0 Common Stock 4000 I Law Firm Pension Plan Common Stock 3073 I Deferred Compensation Plan Common Stock 6826 D Common Stock 500 D Common Stock 2018-03-22 4 A 0 1000 0 A 1000 D 1,000 shares of restricted stock granted on January 10, 2017, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in two equal annual installments of 500 shares, with the first installment to vest on December 29, 2017 and the remaining 500 shares to vest on December 31, 2018. As of the Transaction Date, 500 Shares have vested. 1,000 shares of restricted stock granted on March 22, 2018, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on February 7, 2019 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. /s/ Carl M. Porto by POA 2018-03-26