SEC Form 4 · accession 0001140361-17-012922
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
Mar 20, 2017
Accepted (ET)
Mar 22, 2017 · 2:49 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 StockF3,F2 | Mar 20, 2017 | S | 6,662 | $34.1016 | D | 180,042 | D | |
| Common StockF4,F2 | Mar 21, 2017 | S | 3,000 | $33.4124 | D | 177,042 | D | |
| Common StockF1 | holding | — | — | — | 700 | D | ||
| Common StockF5 | holding | — | — | — | 1,000 | D | ||
| Common Stock | holding | — | — | — | 25,285 | I | Deferred Compensation Plan | |
| Common Stock | holding | — | — | — | 272,586 | I | Held as Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF6 | $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. As of the Transaction Date, 2,100 Shares have vested.
- F25,663 of Shares reported are owned jointly with Spouse.
- F3Range of reported sale price is $33.94 - $34.43. Reporting person agrees to provide individual transaction information to the SEC upon request.
- F4Range of reported sale price is $33.28 - $33.885. Reporting person agrees to provide individual transaction information to the SEC upon request.
- F51,000 shares of restricted stock granted on January 10, 2017, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in two equal annual installments of 500 shares, with the first installment to vest on December 29, 2017 and the remaining 500 shares to vest on December 31, 2018.
- F6Stock Options granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan, all of which are fully vested.