Home/Filings/4/0001140361-24-048014
4//SEC Filing

Das Paramita 4

Accession 0001140361-24-048014

CIK 0001326200other

Filed

Nov 26, 7:00 PM ET

Accepted

Nov 27, 6:00 PM ET

Size

5.9 KB

Accession

0001140361-24-048014

Insider Transaction Report

Form 4
Period: 2024-11-25
Das Paramita
Director
Transactions
  • Award

    Restricted Stock Units

    2024-11-25+138.276,028.44 total
    Common Stock (138.27 underlying)
Footnotes (3)
  • [F1]Each RSU 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 RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 23, 2024 grant date and (ii) the date that is fourteen months after the grant date.
  • [F3]Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.

Issuer

GENCO SHIPPING & TRADING LTD

CIK 0001326200

Entity typeother

Related Parties

1
  • filerCIK 0001975897

Filing Metadata

Form type
4
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 6:00 PM ET
Size
5.9 KB