SEC Form 4 · accession 0001140361-15-002682
Bankwell Financial Group, Inc. · BWFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Fieber
Director
Period of report
Jan 26, 2015
Accepted (ET)
Jan 26, 2015 · 2:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001505732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 26, 2015 | M | 340 | $14.50 | A | 340 | D | |
| Common Stock | holding | — | — | — | 181,984 | D | ||
| Common Stock | holding | — | — | — | 265,238 | I | Held as Trustee | |
| Common StockF1 | holding | — | — | — | 2,800 | D | ||
| Common StockF2 | holding | — | — | — | 1,500 | D | ||
| Common Stock | holding | — | — | — | 11,066 | I | Deferred Compensation Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $14.50 | Jan 26, 2015 | M | 340 | A | Mar 1, 2005 | Mar 1, 2015 | Common Stock | 340 | 0 | D |
| Stock OptionsF3 | $15.50 | holding | — | — | — | Dec 22, 2005 | Dec 22, 2015 | Common Stock | 1,020 | 1,020 | D |
| Stock OptionsF4 | $17.50 | holding | — | — | — | Dec 13, 2006 | Dec 13, 2016 | Common Stock | 3,850 | 3,850 | D |
| Stock OptionsF5 | $20.70 | holding | — | — | — | Dec 12, 2007 | Dec 12, 2017 | Common Stock | 2,875 | 2,875 | D |
Explanation of responses
- F12,800 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 November 5, 2014 and an additional 25% to vest on each annual anniversary of the grant date thereafter.
- F21,500 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan. The shares vest in three substantially equal installments - the first immediately on December 15, 2014 and then on each of December 3, 2015 and December 3, 2016.
- F3Stock Options granted pursuant to the 2002 Bank Management, Director and Founder Stock Option Plan, all of which are fully vested.
- F4Stock Options granted pursuant to the 2006 Stock Option Plan, all of which are fully vested.
- F5Stock Options granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan, all of which are fully vested.