Home/Filings/4/0000919574-14-006898
4//SEC Filing

Eagle Bulk Shipping Inc. 4

Accession 0000919574-14-006898

CIK 0001322439operating

Filed

Dec 3, 7:00 PM ET

Accepted

Dec 4, 7:09 PM ET

Size

10.0 KB

Accession

0000919574-14-006898

Insider Transaction Report

Form 4
Period: 2014-12-02
Zoullas Alexis P
DirectorSee Footnote 2
Transactions
  • Award

    Common Stock, par value $0.01 per share

    2014-12-02+160,000160,978 total
  • Award

    Stock Option

    2014-12-02+240,000240,000 total
    Exercise: $25.25Exp: 2021-12-02Common Stock (240,000 underlying)
  • Award

    Stock Option

    2014-12-02+200,000200,000 total
    Exercise: $18.00Exp: 2021-12-02Common Stock (200,000 underlying)
Footnotes (3)
  • [F1]As contemplated by the Issuer's Prepackaged Plan of Reorganization Pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the Southern District of New York, Mr. Zoullas was granted (i) 160,000 shares of restricted common stock of the reorganized Company, (ii) stock options exercisable for 200,000 shares at an exercise price of $18 and (iii) stock options exercisable for 240,000 shares at an exercise price of $25.25 ((i) and (ii) collectively, the "Options").
  • [F2]The shares of restricted common stock vest in four equal installments on each of the first four anniversaries of October 15, 2014.
  • [F3]The Options vest in four equal installments on each of the first four anniversaries of October 15, 2014.

Issuer

Eagle Bulk Shipping Inc.

CIK 0001322439

Entity typeoperating

Related Parties

1
  • filerCIK 0001322439

Filing Metadata

Form type
4
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 7:09 PM ET
Size
10.0 KB