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GENCO SHIPPING & TRADING LTD Director's Dealing 2014

Dec 19, 2014

32441_dirs_2014-12-19_32c88528-0f2d-4529-ba2a-17ec6c3e3278.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GENCO SHIPPING & TRADING LTD (GSKNF)
CIK: 0001326200
Period of Report: 2014-12-19

Reporting Person: Zafolias Apostolos (Chief Financial Officer)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 18991 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrant $25.91 2020-08-07 Common Stock (40709) Direct
Warrant $28.73 2020-08-07 Common Stock (42186) Direct
Warrant $34.19 2020-08-07 Common Stock (63437) Direct
Warrant $20.99 2021-07-09 Common Stock (1902) Direct

Footnotes

F1: These shares of common stock of the issuer are a grant of restricted stock issued pursuant to the issuer's 2014 Management Investment Plan and will generally vest, if at all, in equal installments on each of the first three anniversaries of August 7, 2014.

F2: These warrants to purchase shares of common stock of the issuer were issued pursuant to the issuer's 2014 Management Incentive Plan. The warrants will become exercisable in equal installments on each of the first three anniversaries of August 7, 2014.