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GENCO SHIPPING & TRADING LTD — Director's Dealing 2014
Jul 21, 2014
32441_dirs_2014-07-21_7cd16705-34f0-49ed-aac8-7e95a83432c1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENCO SHIPPING & TRADING LTD (GSKNF)
CIK: 0001326200
Period of Report: 2014-07-09
Reporting Person: WOBENSMITH JOHN C (CFO and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-09 | Common Stock | J | 299469 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-09 | Warrant | $20.99 | J | 26533 | Acquired | 2021-07-09 | Common Stock (26533) | Direct |
Footnotes
F1: Pursuant to the Issuer's First Amended Prepackaged Plan of Reorganization of the Debtors Pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the Southern District of New York, each share of Issuer common stock outstanding prior to the Issuer's emergence from bankruptcy was canceled on July 9, 2014, and the holders thereof became entitled to receive, on a pro rata basis with the other then-existing holders of the Issuer's outstanding common stock, warrants to purchase shares of the Issuer's new common stock, par value $0.01 per share.