SEC Form 4 · accession 0001140361-17-027738
Bankwell Financial Group, Inc. · BWFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David P Dineen
Officer — EVP, Head of Community Banking
Period of report
Jul 12, 2017
Accepted (ET)
Jul 13, 2017 · 11:34 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 StockF1,F2,F3 | Jul 12, 2017 | F | 657 | $32.7967 | D | 6,843 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F17,500 shares of restricted stock granted pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal installments of 25%, with the first installment to vest on July 11, 2017 and an additional 25% to vest on the anniversary of July 11th thereafter. 1,875 Shares have vested.
- F2On 7/12/17 - 657 shares were withheld and sold through the Company sponsored cashless stock exercise program, to cover tax liability with respect to the vesting of restricted stock previously reported.
- F3Range of reported sale price is $32.79 - $32.81. Reporting person agrees to provide individual transaction information to the SEC upon request.