SEC Form 4 · accession 0001140361-17-020915
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
May 15, 2017
Accepted (ET)
May 16, 2017 · 11:46 am 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 StockF2 | May 15, 2017 | S | 100 | $36.145 | D | 176,942 | D | |
| Common StockF2 | May 15, 2017 | S | 6,900 | $36.10 | D | 170,042 | D | |
| Common StockF1 | holding | — | — | — | 700 | D | ||
| Common StockF3 | 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 OptionsF4 | $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.
- F31,000 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.
- F4Stock Options granted pursuant to the 2007 Bank of New Canaan Stock Option Equity Award Plan, all of which are fully vested.