0001140361-18-008792.txt : 20180216
0001140361-18-008792.hdr.sgml : 20180216
20180216142208
ACCESSION NUMBER: 0001140361-18-008792
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180215
FILED AS OF DATE: 20180216
DATE AS OF CHANGE: 20180216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DeWyngaert Heidi
CENTRAL INDEX KEY: 0001607544
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36448
FILM NUMBER: 18620664
MAIL ADDRESS:
STREET 1: C/O BANKWELL FINANCIAL GROUP, INC.
STREET 2: 220 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]
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
doc1.xml
FORM 4
X0306
4
2018-02-15
0
0001505732
Bankwell Financial Group, Inc.
BWFG
0001607544
DeWyngaert Heidi
C/O BANKWELL FINANCIAL GROUP, INC.
220 ELM STREET
NEW CANAAN
CT
06840
0
1
0
0
EVP & CLO
Common Stock
2018-02-15
4
M
0
4000
20.70
A
62114
D
Common Stock
2018-02-15
4
F
0
2523
32.8834
D
59591
D
Common Stock
2520
D
Common Stock
1988
D
Stock Options
20.70
2018-02-15
4
M
0
4000
20.70
D
2015-03-26
2018-03-26
Common Stock
4000
4000
D
Stock Options
12.64
2014-06-23
2019-06-23
Common Stock
1500
1500
D
18,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 6,300 of those shares are restricted stock that will vest in five equal annual installments of 20%, with the first installment to vest on December 1, 2015 and an additional 20% to vest on each annual anniversary of the vesting date thereafter. As of the Transaction Date, 3,780 Shares have fully vested. 3,978 of those shares are restricted stock that will vest in four equal annual installments of 25%, with the first installment to vest on December 1, 2016 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the Transaction Date, 1,990 Shares have fully vested. 7,722 of those shares are performance restricted stock and may vest when and if the performance goals are achieved, but in any event no later than December 1, 2019. As of the Transaction Date, all 7,722 Performance Shares have vested.
Of the Shares reported, 13,486 Shares are owned jointly with spouse.
On 2/15/18 - 2,523 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the exercise cost for converting the stock options to common stock.
Range of reported sale price is $32.85 - $33.00. Reporting person agrees to provide individual transaction information to SEC upon request.
Stock Options granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan, all of which are fully vested.
/s/ Heidi DeWyngaert
2018-02-16