0001505732-21-000035.txt : 20210210
0001505732-21-000035.hdr.sgml : 20210210
20210210153044
ACCESSION NUMBER: 0001505732-21-000035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210208
FILED AS OF DATE: 20210210
DATE AS OF CHANGE: 20210210
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Waitz Laura
CENTRAL INDEX KEY: 0001718796
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36448
FILM NUMBER: 21613487
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]
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
wf-form4_161298902330438.xml
FORM 4
X0306
4
2021-02-08
0
0001505732
Bankwell Financial Group, Inc.
BWFG
0001718796
Waitz Laura
C/O BANKWELL FINANCIAL GROUP, INC.
220 ELM STREET
NEW CANAAN
CT
06840
0
1
0
0
EVP & Chief of Staff
Common Stock
2021-02-08
4
F
0
288
21.20
D
2664
D
Common Stock
5831
D
Common Stock
1000
D
Common Stock
1000
D
Common Stock
666
D
Common Stock
1875
D
288 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 833 shares.
Range of reported sale price is $21.11 - $21.38. 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. As of the transaction date, all shares have vested. 1,500 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, all shares have vested.
5,831 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,916 of those shares are restricted stock that will vest in three substantially equalannual installments, with the first installment to vest on January 2, 2022 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,915 of those shares areperformance 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 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on January 2, 2021 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 500 shares have vested.
1,500 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 500 shares have vested.
2,000 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 1,000 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2020 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 667 shares have vested. 1,000 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 667 shares have vested.
7,500 shares of restricted stock granted pursuant to the 2012 BNC Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment to vest on August 31, 2018 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the transaction date, 5,625 Shares have vested.
/s/ Penko Ivanov, Attorney-in-Fact for Laura Waitz
2021-02-10