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4//SEC Filing

Eagle Bulk Shipping Inc. 4

Accession 0000919574-14-006900

CIK 0001322439operating

Filed

Dec 3, 7:00 PM ET

Accepted

Dec 4, 7:12 PM ET

Size

9.8 KB

Accession

0000919574-14-006900

Insider Transaction Report

Form 4
Period: 2014-12-02
Katzav Adir
Chief Financial Officer
Transactions
  • Award

    Common Stock, par value $0.01 per share

    2014-12-02+110,000110,113 total
  • Award

    Stock Option

    2014-12-02+137,500137,500 total
    Exercise: $18.00Exp: 2021-12-02Common Stock (137,500 underlying)
  • Award

    Stock Option

    2014-12-02+165,000165,000 total
    Exercise: $25.25Exp: 2021-12-02Common Stock (165,000 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. Katzav was granted (i) 110,000 shares of restricted common stock of the reorganized Company, (ii) stock options exercisable for 137,500 shares at an exercise price of $18 and (iii) stock options exercisable for 165,000 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, 7:12 PM ET
Size
9.8 KB