GENCO SHIPPING & TRADING LTD 4
4 · GENCO SHIPPING & TRADING LTD · Filed Jul 31, 2015
Insider Transaction Report
Form 4
LEFFELL MICHAEL J
Director
Transactions
- Award
Restricted Stock Units
2015-07-29+11,643→ 11,643 total→ Common Stock (11,643 underlying)
Holdings
- 4,047
Restricted Stock Units
→ Common Stock (4,047 underlying)
Footnotes (3)
- [F1]These restricted stock units vested on July 17, 2015.
- [F2]Each restricted stock unit represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
- [F3]These restricted stock units generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.