GENCO SHIPPING & TRADING LTD — Director's Dealing 2014

Jul 21, 2014

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: GEORGIOPOULOS PETER C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-09	Common Stock	J	4290372	—	Disposed	0	Direct
2014-07-09	Common Stock	J	443606	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-09	Warrant	$20.99	J	380127	Acquired	2021-07-09	Common Stock (380127)	Direct
2014-07-09	Warrant	$20.99	J	39304	Acquired	2021-07-09	Common Stock (39304)	Indirect

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.