0001140361-18-010112.txt : 20180226 0001140361-18-010112.hdr.sgml : 20180226 20180226145544 ACCESSION NUMBER: 0001140361-18-010112 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180222 FILED AS OF DATE: 20180226 DATE AS OF CHANGE: 20180226 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: 18640131 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 2018-02-22 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 2520 D Common Stock 1988 D Common Stock 2018-02-22 4 M 0 4000 20.70 A 63591 D Common Stock 2018-02-22 4 F 0 2578 32.1866 D 61013 D Common Stock 1500 D Common Stock 1500 D Stock Options 20.70 2018-02-22 4 M 0 4000 20.70 D 2015-03-26 2018-03-26 Common Stock 4000 0 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 2/22/18 - 2,578 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 $32.11 - $32.60. Reporting person agrees to provide individual transaction information to SEC upon request. 3,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 1,500 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2019 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 1,500 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. 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 2018-02-26