SEC Form 4 · accession 0001140361-16-082957

Bankwell Financial Group, Inc. · BWFG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Oct 14, 2016

Accepted (ET)

Oct 18, 2016 · 1:49 pm EDT

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	Oct 14, 2016	M	2,900	$17.50	A	2,900	D
Common Stock^F1	holding	—	—		—	650	D
Common Stock^F2	holding	—	—		—	334	D
Common Stock	holding	—	—		—	13,304	I	Deferred Compensation Plan
Common Stock^F3	holding	—	—		—	225,295	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F4	$17.50	Oct 14, 2016	M	2,900	D	Dec 13, 2006	Dec 13, 2016	Common Stock	2,900	0	D
Stock Options^F5	$20.70	holding	—	—	—	Dec 12, 2007	Dec 12, 2017	Common Stock	2,569	2,569	D

F11,300 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. As of the Transaction Date, 650 Shares have vested
F21,000 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. As of the Transaction Date, 666 Shares have vested.
F369,494 of Shares reported are owned jointly with Spouse.
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.