4//SEC Filing
Baltic Trading Ltd 4
Accession 0000902664-15-003135
CIK 0001474042operating
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 5:56 PM ET
Size
31.7 KB
Accession
0000902664-15-003135
Insider Transaction Report
Form 4
Transactions
- Other
Common Stock
2015-07-17−3,098,398→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−2,452,675→ 0 total(indirect: See foonotes) - Other
Common Stock
2015-07-17−1,698,927→ 0 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2015-07-17−1,698,927→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−2,452,675→ 0 total(indirect: See foonotes) - Other
Common Stock
2015-07-17−3,098,398→ 0 total(indirect: See footnotes)
Transactions
- Other
Common Stock
2015-07-17−1,698,927→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−3,098,398→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−2,452,675→ 0 total(indirect: See foonotes)
Gallogly Mark T
10% Owner
Transactions
- Other
Common Stock
2015-07-17−3,098,398→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−1,698,927→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−2,452,675→ 0 total(indirect: See foonotes)
Aronson Jeffrey
10% Owner
Transactions
- Other
Common Stock
2015-07-17−2,452,675→ 0 total(indirect: See foonotes) - Other
Common Stock
2015-07-17−3,098,398→ 0 total(indirect: See footnotes) - Other
Common Stock
2015-07-17−1,698,927→ 0 total(indirect: See footnotes)
Footnotes (7)
- [F1]The shares of Common Stock reported on this line were cancelled in exchange for shares of common stock, par value $0.01 per share, of Genco Shipping & Trading Limited, a Marshall Islands corporation ("Genco"), pursuant to the terms and conditions of the merger consummated pursuant to that certain Agreement and Plan of Merger by and among the Issuer, Genco and Poseidon Merger Sub Limited, a Marshall Islands corporation and an indirect wholly owned subsidiary of Genco ("Merger Sub"), dated as of April 7, 2015, pursuant to which, Merger Sub merged with and into the Issuer, with the Issuer continuing as the surviving corporation and an indirect wholly owned subsidiary of Genco, as more fully described in that certain Current Report on Form 8-K filed by the Issuer on July 17, 2015.
- [F2]These Common Shares were held by Centerbridge Credit Partners, L.P. ("Credit Partners").
- [F3]These Common Shares were held by Centerbridge Credit Partners Master, L.P. ("Credit Partners Master").
- [F4]These Common Shares were held by Centerbridge Special Credit Partners II, L.P. ("Special Credit Partners II" and, together with Credit Partners and Credit Partners Master, the "Centerbridge Funds").
- [F5]Centerbridge Credit GP Investors, L.L.C. ("GP Investors") is the general partner of Centerbridge Credit Partners General Partner, L.P. ("Credit GP"), which, in turn, is the general partner of Credit Partners, and, as such GP Investors and Credit GP may be deemed to beneficially own the securities held by Credit Partners. Centerbridge Credit Offshore GP Investors, L.L.C. ("Offshore GP Investors") is the general partner of Centerbridge Credit Partners Offshore General Partner, L.P. ("Offshore GP"), which, in turn, is the general partner of Credit Partners Master, and, as such Offshore GP Investors and Offshore GP may be deemed to beneficially own the securities held by Credit Partners Master. (Continued in footnote 6)
- [F6]Centerbridge Special GP Investors II, L.L.C. ("SC GP Investors II") is the general partner of Centerbridge Special Credit Partners General Partner II, L.P. ("SC GP II", and collectively with Centerbridge Funds, GP Investors, Credit GP, Offshore GP Investors, Offshore GP, SC GP Investors II, Mark T. Gallogly and Jeffrey H. Aronson, the "Reporting Persons" and each, a "Reporting Person"), which, in turn, is the general partner of Special Credit Partners II, and, as such SC GP Investors II and SC GP II may be deemed to beneficially own the securities held by Special Credit Partners II. Messrs. Gallogly and Aronson are the managing members of each of GP Investors, Offshore GP Investors and SC GP Investors II, and, as such may be deemed to beneficially own the securities held by the Centerbridge Funds. (Continued in footnote 7)
- [F7]The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein.
Issuer
Baltic Trading Ltd
CIK 0001474042
Entity typeoperating
IncorporatedMarshall Islands
Related Parties
1- filerCIK 0001474042
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 5:56 PM ET
- Size
- 31.7 KB