0001505732-24-000053.txt : 20240209 0001505732-24-000053.hdr.sgml : 20240209 20240209143550 ACCESSION NUMBER: 0001505732-24-000053 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: Sacchetti Courtney E CENTRAL INDEX KEY: 0001956565 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36448 FILM NUMBER: 24614086 MAIL ADDRESS: STREET 1: 258 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_1707507339.xml FORM 4 X0508 4 2024-02-07 0 0001505732 Bankwell Financial Group, Inc. BWFG 0001956565 Sacchetti Courtney E 258 ELM STREET NEW CANAAN CT 06840 0 1 0 0 EVP & Chief Financial Officer 0 Common Stock 2024-02-07 4 F 0 212 24.53 D 1272 D Common Stock 2024-02-07 4 A 0 2936 0 A 2936 D Common Stock 1125 D Common Stock 374 D 212 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 563 shares. Range of reported sale price is $24.50 - $24.55. Reporting person agrees to provide individual transaction information to SEC upon request. 2,936 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. 1,468 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. 1,468 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. 1,500 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in four substantially equal annual installments, with the first installment vesting on February 7, 2024 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 375 shares have vested. 750 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in four substantially equal annual installments, with the first installment vesting on February 7, 2023 and the second, third and fourth installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 376 shares have vested. /s/ Courtney E. Sacchetti 2024-02-09