Vogel Gary 4
4 · Eagle Bulk Shipping Inc. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Vogel Gary
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2024-02-24+7,702→ 7,702 total→ Common Stock (7,702 underlying) - Exercise/Conversion
Common Stock
2024-02-24+2,567→ 141,550 total - Tax Payment
Common Stock
2024-02-24$61.00/sh−1,190$72,590→ 140,360 total - Exercise/Conversion
Restricted Stock Units
2024-02-24−2,567→ 5,135 total→ Common Stock (2,567 underlying)
Footnotes (3)
- [F1]This award of performance-vested restricted stock units was granted on March 6, 2023 and certain performance criteria was certified as described in footnote (3) below. Following the certification of performance criteria, the award vests in three substantially equal installments on February 24, 2024, January 2, 2025 and January 2, 2026.
- [F2]Represents the withholding of shares to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units on February 24, 2024.
- [F3]On February 24, 2024, the Compensation Committee of the Board of Directors of the Issuer certified that certain performance criteria for certain performance-vested restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Gary Vogel, the Issuer's Chief Executive Officer, on March 6, 2023 had been met and 7,702 restricted stock units may become vested.