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GENCO SHIPPING & TRADING LTD — Director's Dealing 2021
May 15, 2021
32441_dirs_2021-05-14_250c66d0-60b2-4149-9a9b-e267206fc690.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENCO SHIPPING & TRADING LTD (GNK)
CIK: 0001326200
Period of Report: 2021-05-13
Reporting Person: REGAN ARTHUR L (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-13 | Restricted Stock Units | $ | A | 5533 | Acquired | Common Stock (5533) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 29853 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (18428) | 18428 | Direct | |
| Restricted Stock Units | $ | Common Stock (18886) | 18886 | Direct | |
| Option | $7.06 | 2026-02-25 | Common Stock (58180) | 58180 | Direct |
| Restricted Stock Units | $ | Common Stock (6456) | 6456 | Direct | |
| Option | $8.065 | 2025-03-04 | Common Stock (43919) | 43919 | Direct |
| Option | $13.365 | 2024-02-27 | Common Stock (26914) | 26914 | Direct |
| Restricted Stock Units | $ | Common Stock (16666) | 16666 | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
F2: These restricted stock units generally vest in equal installments on each of the first three anniversaries of May 4, 2021, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F3: These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 25, 2020, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F4: These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
F5: These restricted stock units generally vest in equal installments on each of the first three anniversaries of March 4, 2019, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F6: These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019.
F7: These options generally became exercisable in equal installments on each of the first three anniversaries of February 27, 2018.
F8: These restricted stock units vested on May 17, 2017.
F9: These RSUs generally vest on the earlier of the date of the annual shareholders' meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.