bwfg8k-92314.htm  
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported):  September 23, 2014
 
Bankwell Financial Group, Inc.
 (Exact name of registrant as specified in its charter)

Connecticut
001-36448
20-8251355
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

220 Elm Street
New Canaan, Connecticut 06840
(Address and Telephone Number)

N/A
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
TABLE OF CONTENTS
 
Item 8.01
Other Events
SIGNATURES

 
 
 

Item 8.01
Other Events
   
 
On September 23, 2014, the Board of Directors of Bankwell Financial Group, Inc. (the “Company”) approved an extension of the exercise period of its issued and outstanding warrants from October 1, 2014 through December 1, 2014 to October 1, 2015 through December 1, 2015.  The Board considered the results of the Company’s recent initial public offering, the Company’s strong capital position, expected short term capital needs and other considerations. Each warrant allows a holder to purchase .3221 shares of Company common stock at an exercise price of $14.00 per share. Assuming that all of the warrants issued are exercised in full during the exercise period, the Company would receive $4.3 million in gross capital and issue 304,640 shares of Company common stock.
 


 


SIGNATURES
   
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
   
 
BANKWELL FINANCIAL GROUP, INC.
 
Registrant
   
   
   
September 24, 2014
By:  /s/ Ernest J. Verrico, Sr.
 
Ernest J. Verrico, Sr.
 
Executive Vice President
 
and Chief Financial Officer