0001505732-24-000048.txt : 20240209
0001505732-24-000048.hdr.sgml : 20240209
20240209143328
ACCESSION NUMBER: 0001505732-24-000048
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: Chivily Christine
CENTRAL INDEX KEY: 0001665699
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36448
FILM NUMBER: 24614068
MAIL ADDRESS:
STREET 1: C/O BANKWELL FINANCIAL GROUP, INC.
STREET 2: 208 ELM STREET
CITY: NEW CANAAN
STATE: CT
ZIP: 06840
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_1707507190.xml
FORM 4
X0508
4
2024-02-07
0
0001505732
Bankwell Financial Group, Inc.
BWFG
0001665699
Chivily Christine
C/O BANKWELL FINANCIAL GROUP, INC.
258 ELM STREET
NEW CANAAN
CT
06840
0
1
0
0
EVP & Chief Credit Officer
0
Common Stock
2024-02-07
4
F
0
941
24.61
D
21704
D
Common Stock
2024-02-07
4
A
0
4894
0
A
4894
D
Common Stock
3059
D
Common Stock
3334
D
Common Stock
1370
D
941 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 2,900 shares.
Range of reported sale price is $24.45 - $24.75. Reporting person agrees to provide individual transaction information to SEC upon request.
4,894 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,447 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. 2,447 of those shares are performance restricted stockand may vest when and if the performance goal is achieved.
4,589 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,295 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. 2,294 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 1,530 shares have vested.
5,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 2,500 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment vesting on July 1, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,500 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 1,666 shares have vested.
4,111 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,056 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. 2,055 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 2,741 shares have vested.
/s/ Courtney E. Sacchetti, Attorney-in-Fact for Christine Chivily
2024-02-09