Adamo Joseph 4

Accession 0001140361-24-010853

CIK 0001326200other

View on SEC.gov Company Profile

Filed

Feb 29, 7:00 PM ET

Accepted

Mar 1, 7:00 PM ET

Size

19.8 KB

Accession

0001140361-24-010853

Insider Transaction Report

Form 4

Period: 2024-02-29

GENCO SHIPPING & TRADING LTDGNK

Adamo Joseph

Chief Accounting Officer

Transactions

Exercise/Conversion
Common Stock
2024-02-29$9.91/sh+1,540$15,261→ 18,742 total
Sale
Common Stock
2024-02-29$20.40/sh−748$15,259→ 17,994 total
Exercise/Conversion
Common Stock
2024-02-29$7.06/sh+1,873$13,223→ 19,867 total
Sale
Common Stock
2024-02-29$20.40/sh−648$13,219→ 19,219 total
Disposition to Issuer
Option
2024-02-29−1,540→ 0 total
Exercise: $9.91From: 2022-02-23Exp: 2027-02-23→ Common Stock (1,540 underlying)
Disposition to Issuer
Option
2024-02-29−1,873→ 0 total
Exercise: $7.06From: 2021-02-25Exp: 2026-02-25→ Common Stock (1,873 underlying)

Holdings

Restricted Stock Units
→ Common Stock (2,556 underlying)
5,113
Restricted Stock Units
→ Common Stock (6,879 underlying)
6,879
Restricted Stock Units
→ Common Stock (2,556 underlying)
2,556
Restricted Stock Units
→ Common Stock (6,431 underlying)
12,862

Footnotes (9)

[F1]Represents shares withheld by the issuer for the cashless exercise of options for 1,540 shares of the issuer's common stock.
[F2]Represents shares withheld by the issuer for the cashless exercise of options for 1,873 shares of the issuer's common stock.
[F3]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.
[F4]These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2024, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
[F5]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.
[F6]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.
[F7]These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
[F8]These options generally became exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
[F9]These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.

Documents

1 file

4
form4.xmlPrimary
FORM 4

Issuer

GENCO SHIPPING & TRADING LTD

CIK 0001326200

→

Entity typeother

Related Parties

filerCIK 0001626933

Filing Metadata

Form type: 4
Filed: Feb 29, 7:00 PM ET
Accepted: Mar 1, 7:00 PM ET
Size: 19.8 KB

View on SEC.gov