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GENCO SHIPPING & TRADING LTD — Director's Dealing 2021
Mar 6, 2021
32441_dirs_2021-03-05_68841d79-f7df-4a2b-9ae4-8c75da9d1d4a.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: 2021-03-04
Reporting Person: REGAN ARTHUR L (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-04 | Common Stock | M | 6456 | — | Acquired | 29853 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-04 | Restricted Stock Units | $ | M | 6456 | Disposed | Common Stock (6456) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (9443) | 18886 | Direct | |
| Option | $7.06 | 2026-02-25 | Common Stock (58180) | 58180 | 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: The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting.
F2: 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.
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.