GENCO SHIPPING & TRADING LTD 4
4 · GENCO SHIPPING & TRADING LTD · Filed Aug 6, 2008
Insider Transaction Report
Form 4
BUCHANAN ROBERT GERALD
President
Transactions
- Sale
Common Stock
2008-08-04$61.83/sh−2,900$179,307→ 54,487 total
Footnotes (2)
- [F1]Represents the weighted average sale price. The highest price at which shares were sold was $61.94, and the lowest price at which shares were sold was $61.75. The reporting person hereby undertakes to provide upon request to the SEC's staff, the issuer or its security holders, full information regarding the number of shares sold at each separate price.
- [F2]The reporting person sold these shares in order to satisfy his personal tax obligations for certain shares of restricted stock of the issuer that vested in July 2008.