SEC Form 4 · accession 0001140361-16-089986

Bankwell Financial Group, Inc. · BWFG

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

Reporting owner

Director

Period of report

Dec 13, 2016

Accepted (ET)

Dec 16, 2016 · 3:33 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	Dec 13, 2016	M	3,050	$17.50	A	3,050	D
Common Stock^F1	holding	—	—		—	875	D
Common Stock	holding	—	—		—	24,696	I	Deferred Compensation Plan
Common Stock	holding	—	—		—	58,224	I	Held as Trustee
Common Stock^F2	holding	—	—		—	136,762	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F3	$17.50	Dec 13, 2016	M	3,050	D	Dec 13, 2006	Dec 13, 2016	Common Stock	3,050	0	D
Stock Options^F4	$20.70	holding	—	—	—	Dec 12, 2007	Dec 12, 2017	Common Stock	2,788	2,788	D

F13,500 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 November 5, 2014 and an additional 25% to vest on each annual anniversary of the grant date thereafter. As of the Transaction Date, 2,625 Shares have vested.
F230,000 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in three equal annual installments of 10,000 shares, with the first installment to vest immediately on December 9, 2014 and an additional 10,000 shares to vest on December 1, 2015 and December 1, 2016. As of the Transaction Date, all Shares have vested.
F3Stock Options granted pursuant to the 2006 Stock Option Plan, all of which are fully vested.
F4Stock Options granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan, all of which are fully vested.