CCP II Cayman GP Ltd. 4
4 · GENCO SHIPPING & TRADING LTD · Filed Aug 11, 2022
Insider Transaction Report
Form 4
CCP II Cayman GP Ltd.
10% Owner
Transactions
- Sale
Common Stock
2022-08-10$17.50/sh−7,827$136,973→ 22,975 total(indirect: See footnotes) - Sale
Common Stock, par value $0.01 per share ("Common Stock")
2022-08-09$17.50/sh−24,818$434,439→ 4,207,781 total(indirect: See footnotes) - Sale
Common Stock
2022-08-10$17.50/sh−1,069,173$18,710,528→ 3,138,608 total(indirect: See footnotes) - Sale
Common Stock
2022-08-09$17.50/sh−182$3,186→ 30,802 total(indirect: See footnotes)
Footnotes (5)
- [F1]These securities are held by Centerbridge Capital Partners II (Cayman), L.P. ("Capital Partners II").
- [F2]These securities are held by Centerbridge Capital Partners SBS II (Cayman), L.P. ("Capital Partners SBS II" and, together with Capital Partners II, the "Centerbridge Funds").
- [F3]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. Jeffrey H. Aronson ("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.
- [F4]For purposes of this filing, "Reporting Persons" means, as applicable, Capital Partners II, Capital Partners SBS II, CA II Cayman, CCP II Cayman Ltd. and Mr. Aronson.
- [F5]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.