Hughes Robert E 4
4 · GENCO SHIPPING & TRADING LTD · Filed Dec 23, 2022
Insider Transaction Report
Form 4
Hughes Robert E
Chief Operations Officer
Transactions
- Award
Restricted Stock Units
2022-12-23+16,077→ 16,077 total→ Common Stock (16,077 underlying)
Holdings
- 12,781
Restricted Stock Units
→ Common Stock (12,781 underlying) - 3,935
Restricted Stock Units
→ Common Stock (3,935 underlying) - 742
Common Stock
- 5,606
Restricted Stock Units
→ Common Stock (5,606 underlying) - 6,415
Option
Exercise: $9.91From: 2022-02-23Exp: 2027-02-23→ Common Stock (6,415 underlying) - 7,803
Option
Exercise: $7.06From: 2021-02-25Exp: 2026-02-25→ Common Stock (7,803 underlying)
Footnotes (7)
- [F1]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.
- [F2]These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- [F3]These restricted stock units generally vest in equal installments on each of the first five anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- [F4]These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2021, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- [F5]These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
- [F6]These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 25, 2020, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- [F7]These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020.