Home/Filings/4/0000902664-21-000069

4//SEC Filing

Centerbridge Associates II (Cayman), L.P. 4

Accession 0000902664-21-000069

CIK 0001326200other

View on SEC.gov Company Profile

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 9:56 PM ET

Size

60.2 KB

Accession

0000902664-21-000069

Insider Transaction Report

Form 4

Period: 2021-01-05

GENCO SHIPPING & TRADING LTDGNKSF

Centerbridge Credit Partners, L.P.

10% Owner

Transactions

Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Credit Partners General Partner, L.P.

10% Owner

Transactions

Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Credit Partners Master, L.P.

10% Owner

Transactions

Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Credit Partners Offshore General Partner, L.P.

10% Owner

Transactions

Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Aronson Jeffrey

10% Owner

Transactions

Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Capital Partners II (Cayman), L.P.

10% Owner

Transactions

Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Capital Partners SBS II (Cayman), L.P.

10% Owner

Transactions

Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)
Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Associates II (Cayman), L.P.

10% Owner

Transactions

Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Centerbridge Credit Cayman GP, Ltd.

10% Owner

Transactions

Sale
Common Stock, par value $0.01 per share ("Common Stock")
2021-01-05$7.76/sh−47,160$366,056→ 2,466,056 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−27,384$212,555→ 1,431,950 total(indirect: See footnotes)
Sale
Common Stock
2021-01-05$7.76/sh−25,456$197,589→ 1,141,836 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−47,160$376,290→ 2,418,896 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−27,384$218,497→ 1,404,566 total(indirect: See footnotes)
Sale
Common Stock
2021-01-06$7.98/sh−25,456$203,113→ 1,116,380 total(indirect: See foonotes)
Sale
Common Stock
2021-01-07$8.31/sh−58,951$490,042→ 2,359,945 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−34,230$284,544→ 1,370,336 total(indirect: See footnotes)
Sale
Common Stock
2021-01-07$8.31/sh−31,819$264,502→ 1,084,561 total(indirect: See footnotes)

Holdings

Common Stock
(indirect: See footnotes)
189,258
Common Stock
(indirect: See footnotes)
4,810,328
Common Stock
(indirect: See footnotes)
35,214

Footnotes (12)

[F1]These securities are held by Centerbridge Credit Partners Master, L.P. ("Credit Partners Master").
[F10]For purposes of this filing, "Reporting Persons" means, as applicable, Special Credit Partners II AIV, Special Credit Partners II, Credit Partners Master, Credit Partners, Capital Partners II, Capital Partners SBS II, Onshore GP, Offshore GP, Credit GP, CSCPGP II Cayman, CSCPGP II, CSCP II Cayman Ltd., CA II Cayman, CCP II Cayman Ltd. and Mr. Aronson.
[F11]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, as amended, 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.
[F12]The sales reported on this line were effected pursuant to a Rule 10b5-1 trading plan.
[F2]These securities are held by Centerbridge Special Credit Partners II, L.P. ("Special Credit Partners II").
[F3]These securities are held by Centerbridge Credit Partners, L.P. ("Credit Partners").
[F4]These securities are held by Centerbridge Special Credit Partners II AIV IV (Cayman), L.P. ("Special Credit Partners II AIV").
[F5]These securities are held by Centerbridge Capital Partners II (Cayman), L.P. ("Capital Partners II").
[F6]These securities are held by Centerbridge Capital Partners SBS II (Cayman), L.P. ("Capital Partners SBS II" and, together with Credit Partners, Special Credit Partners II, Credit Partners Master, Special Credit Partners II AIV and Capital Partners II, the "Centerbridge Funds").
[F7]Centerbridge Credit Partners General Partner, L.P. ("Onshore GP") is the general partner of Credit Partners, and, as such, it may be deemed to beneficially own the securities held by Credit Partners. Centerbridge Credit Partners Offshore General Partner, L.P. ("Offshore GP") is the general partner of Credit Partners Master, and, as such, it may be deemed to beneficially own the securities held by Credit Partners Master. Centerbridge Credit Cayman GP Ltd. ("Credit GP ") is the general partner of each of Onshore GP and Offshore GP, and, as such, it may be deemed to beneficially own the securities held by Credit Partners and Credit Partners Master.
[F8]Centerbridge Special Credit Partners General Partner II (Cayman), L.P. ("CSCPGP II Cayman") is the general partner of Special Credit Partners II AIV, and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II AIV. Centerbridge Special Credit Partners General Partner II, L.P. ("CSCPGP II") is the general partner of Special Credit Partners II and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II. CSCP II Cayman GP Ltd. ("CSCP II Cayman Ltd.") is the general partner of each of CSCPGP II Cayman, and CSCGP II, and, as such, it may be deemed to beneficially own the securities held by Special Credit Partners II AIV and Special Credit Partners II.
[F9]Centerbridge Associates II (Cayman), L.P. ("CA II Cayman") is the general partner of Capital Partners II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II. CCP II Cayman GP Ltd. ("CCP II Cayman Ltd.") is the general partner of each of CA II Cayman and Capital Partners SBS II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II and Capital Partners SBS II. Mr. Aronson, indirectly, through various intermediate entities controls each of the Centerbridge Funds, and, as such, Mr. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds.

Documents

2 files

Issuer

GENCO SHIPPING & TRADING LTD

CIK 0001326200

→

Entity typeother

IncorporatedCayman Islands

Related Parties

filerCIK 0001614622

Filing Metadata

Form type: 4
Filed: Jan 6, 7:00 PM ET
Accepted: Jan 7, 9:56 PM ET
Size: 60.2 KB

View on SEC.gov