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