Carl M. Porto - Feb 7, 2025 Form 4 Insider Report for Bankwell Financial Group, Inc. (BWFG)

Role
Director
Signature
/s/ Angelo G. Fusaro, Attorney-in-Fact for Carl M. Porto
Stock symbol
BWFG
Transactions as of
Feb 7, 2025
Transactions value $
$0
Form type
4
Date filed
2/10/2025, 02:31 PM
Previous filing
Dec 18, 2024
Next filing
Mar 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWFG Common Stock Award $0 +1.8K $0.00 1.8K Feb 7, 2025 Direct F1
holding BWFG Common Stock 1.07K Feb 7, 2025 Direct F2
holding BWFG Common Stock 800 Feb 7, 2025 Direct F3
holding BWFG Common Stock 400 Feb 7, 2025 Direct F4
holding BWFG Common Stock 19.1K Feb 7, 2025 Deferred Compensation Plan
holding BWFG Common Stock 4.3K Feb 7, 2025 Law Firm Pension Plan
holding BWFG Common Stock 20.5K Feb 7, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,800 shares of restricted stock granted on February 7, 2025, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 600 to vest on February 7, 2026. 600 will vest on February 7, 2027 and 600 will vest on February 7, 2028.
F2 1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan and will vest in three equal annual installments of 33.33%, with 533 vested on February 7, 2025 and an additional 33.33% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 533 shares have vested.
F3 1,600 shares of restricted stock granted on December 31, 2022, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 800 shares have vested.
F4 1,600 shares of restricted stock granted on December 31, 2021, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vested on January 2, 2023 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,200 shares have vested.