0001505732-22-000063.txt : 20220209 0001505732-22-000063.hdr.sgml : 20220209 20220209131002 ACCESSION NUMBER: 0001505732-22-000063 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220207 FILED AS OF DATE: 20220209 DATE AS OF CHANGE: 20220209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chivily Christine CENTRAL INDEX KEY: 0001665699 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36448 FILM NUMBER: 22605501 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_164443018857782.xml FORM 4 X0306 4 2022-02-07 0 0001505732 Bankwell Financial Group, Inc. BWFG 0001665699 Chivily Christine C/O BANKWELL FINANCIAL GROUP, INC. 258 ELM STREET NEW CANAAN CT 06840 0 1 0 0 Chief Risk & Credit Officer Common Stock 2022-02-07 4 A 0 233 0 A 14582 D Common Stock 2022-02-08 4 F 0 439 33.86 D 14143 D Common Stock 4111 D Common Stock 3887 D Common Stock 500 D Common Stock 500 D An additional 233 performance based shares were granted and vested on February 7, 2022 as a result of meeting performance metrics from previously issued grants. 1,750 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 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, all shares have vested. 1,750 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, all shares have vested. 439 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover the tax liability for vesting a total of 1,399 shares. Range of reported sale price is $33.83 - $33.87. Reporting person agrees to provide individual transaction information to SEC upon request. 4,111 shares of Bankwell Financial Group, Inc. stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. 2,056 of those shares are restricted stock that will vest in three substantially equal annual installments, with the first installment to vest on February 7, 2023 and the second and third installments to vest on each annual anniversary of the vesting date thereafter. 2,055 of those shares are performance restricted stock and may vest when and if the performance goal is achieved. 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 equal annual 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 are performance restricted stock and may vest when and if the performance goal is achieved. As of the transaction date, 1,944 shares have vested. An additional 389 performance based shares were granted and vested on January 2, 2022 as a result of meeting performance metrics. 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, 1,000 shares have vested. An additional 200 performance based shares were granted and vested on January 2, 2022 as a result of meeting performance metrics. 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, 1,000 shares have vested. /s/ Penko Ivanov, Attorney-in-Fact for Christine Chivily 2022-02-09