4//SEC Filing
WOBENSMITH JOHN C 4
Accession 0001140361-25-007478
CIK 0001326200other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 9:00 PM ET
Size
19.5 KB
Accession
0001140361-25-007478
Insider Transaction Report
Form 4
WOBENSMITH JOHN C
CFO, Secretary & Treasurer
Transactions
- Sale
Common Stock
2025-03-04$14.12/sh−9,533$134,606→ 505,831 total - Exercise/Conversion
Common Stock
2025-03-04$8.06/sh+16,691$134,613→ 515,364 total - Exercise/Conversion
Option
2025-03-04−16,691→ 0 totalExercise: $8.06From: 2020-03-04Exp: 2025-03-04→ Common Stock (16,691 underlying)
Holdings
- 67,524
Restricted Stock Units
→ Common Stock (67,524 underlying) - 40,898
Restricted Stock Units
→ Common Stock (40,898 underlying) - 168,539
Option
Exercise: $7.06From: 2021-02-25Exp: 2026-02-25→ Common Stock (168,539 underlying) - 51,178
Restricted Stock Units
→ Common Stock (51,178 underlying) - 25,684
Restricted Stock Units
→ Common Stock (25,684 underlying) - 13,293
Restricted Stock Units
→ Common Stock (13,293 underlying) - 69,284
Option
Exercise: $9.91From: 2022-02-23Exp: 2027-02-23→ Common Stock (69,284 underlying)
Footnotes (11)
- [F1]Represents exercise of stock options held by the reporting person that were scheduled to expire, if not exercised, at 5:00 p.m. New York time on March 4, 2025.
- [F10]These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
- [F11]These options generally became exercisable in equal installments on each of the first three anniversaries of March 4, 2019.
- [F2]Represents shares withheld by the issuer for the cashless exercise of options for 16,691 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, 2025, 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, 2024, 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 five anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- [F8]These restricted stock units generally vest in installments of 21.43% per annum on each of the first three anniversaries of February 23, 2022, 17.86% on the fourth such anniversary, and 17.85% on the fifth such anniversary, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- [F9]These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
Documents
Issuer
GENCO SHIPPING & TRADING LTD
CIK 0001326200
Entity typeother
Related Parties
1- filerCIK 0001333673
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 9:00 PM ET
- Size
- 19.5 KB