Tsoutsoplides Constantine 4
4 · Eagle Bulk Shipping Inc. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Tsoutsoplides Constantine
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-24+989→ 10,618 total - Tax Payment
Common Stock
2024-02-24$61.00/sh−491$29,951→ 10,127 total - Exercise/Conversion
Restricted Stock Units
2024-02-24−989→ 1,979 total→ Common Stock (989 underlying) - Award
Restricted Stock Units
2024-02-24+2,968→ 2,968 total→ Common Stock (2,968 underlying)
Footnotes (3)
- [F1]This award of performance-vested restricted stock units was granted on April 1, 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 Constantine Tsoutsoplides, the Issuer's Chief Financial Officer, on April 1, 2023 had been met and 2,968 restricted stock units may become vested.