GENERAL MARITIME CORP/ 4
4 · GENERAL MARITIME CORP/ · Filed May 24, 2005
Insider Transaction Report
Form 4
SHAERF PETER S
Director
Transactions
- Exercise/Conversion
Common Stock
2005-05-20$22.57/sh+1,250$28,213→ 3,875 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-05-20−625→ 1,875 totalExercise: $9.98From: 2004-06-05Exp: 2013-06-05→ Common Stock (625 underlying) - Exercise/Conversion
Common Stock
2005-05-20$18.00/sh+2,000$36,000→ 2,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-05-20−2,000→ 0 totalExercise: $18.00From: 2001-06-15Exp: 2011-06-11→ Common Stock (2,000 underlying) - Exercise/Conversion
Common Stock
2005-05-20$9.98/sh+625$6,238→ 2,625 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2005-05-20−1,250→ 3,750 totalExercise: $22.57From: 2005-05-20Exp: 2014-05-20→ Common Stock (1,250 underlying)
Footnotes (2)
- [F1]The options generally vest in equal installments on each of the first four anniversaries of the grant date, June 5, 2003.
- [F2]The options generally vest in equal installments on each of the first four anniversaries of the grant date, May 20, 2004.