AI assistant
GENCO SHIPPING & TRADING LTD — Director's Dealing 2023
May 19, 2023
32441_dirs_2023-05-18_ef468c8d-bbc1-430d-bade-8b2f26c13f0a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GENCO SHIPPING & TRADING LTD (GNK)
CIK: 0001326200
Period of Report: 2023-05-16
Reporting Person: HAINES KATHLEEN C (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-16 | Restricted Stock Units | $ | A | 7288 | Acquired | Common Stock (7288) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (11262.9) | 11262.9 | Direct | |
| Restricted Stock Units | $ | Common Stock (6377.68) | 6377.68 | Direct | |
| Restricted Stock Units | $ | Common Stock (13222.07) | 13222.07 | Direct | |
| Restricted Stock Units | $ | Common Stock (17421.29) | 17421.29 | Direct | |
| Restricted Stock Units | $ | Common Stock (6732.49) | 6732.49 | Direct | |
| Restricted Stock Units | $ | Common Stock (5263.52) | 5263.52 | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") 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 RSUs vested on May 15, 2018.
F3: These RSUs vested on May 15, 2019.
F4: These RSUs vested on July 15, 2020.
F5: These RSUs vested on May 13, 2021.
F6: These RSUs vested on May 16, 2022.
F7: These RSUs vested on May 16, 2023.
F8: These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 16, 2023 grant date and (ii) the date that is fourteen months after the grant date.