Filing Details
- Accession Number:
- 0000904454-15-000380
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-05-28 12:40:52
- Reporting Period:
- 2015-05-26
- Filing Date:
- 2015-05-28
- Accepted Time:
- 2015-05-28 12:40:52
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1326200 | Genco Shipping & Trading Ltd | GNK | Deep Sea Foreign Transportation Of Freight (4412) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1301912 | Strategic Value Partners, Llc | 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1473996 | Victor Khosla | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1614274 | Svp Special Situations Iii Llc | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1614275 | Svp Special Situations Iii-A Llc | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No | |
1614276 | Svp Special Situations Ii Llc | C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-05-26 | 17,229 | $7.10 | 3,482,327 | No | 4 | P | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-05-26 | 14,317 | $7.10 | 2,893,988 | No | 4 | P | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-05-26 | 2,643 | $7.10 | 534,159 | No | 4 | P | Indirect | See Footnotes |
Common Stock | Acquisiton | 2015-05-26 | 15,811 | $7.10 | 3,195,950 | No | 4 | P | Indirect | See Footnotes |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
No | 4 | P | Indirect | See Footnotes |
Footnotes
- The reported securities are held directly by Strategic Value Master Fund, Ltd., Strategic Value Special Situations Master Fund II, L.P., Strategic Value Special Situations Master Fund III, L.P. and Strategic Value Special Situations Offshore Fund III-A, L.P., and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations II LLC ("Special Situations II"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations III-A LLC ("Special Situations III-A"), each as investment manager, and Victor Khosla ("Mr. Khosla" and together with Strategic Value Partners, Special Situations II, Special Situations III and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.
- The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the shares of Common Stock reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.
- Strategic Value Partners is the investment manager of, and exercises investment discretion over Strategic Value Master Fund, Ltd., a Cayman Islands exempted company. Strategic Value Partners is indirectly majority owned and controlled by Mr. Khosla.
- Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, L.P., a Cayman Islands exempted limited partnership. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.
- Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Offshore Fund III-A, L.P., a Cayman Islands exempted limited partnership. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.
- Special Situations II is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund II, L.P., a Cayman Islands exempted limited partnership. Strategic Value Partners is the managing member of Special Situations II. Strategic Value Partners and Special Situations II are both indirectly majority owned and controlled by Mr. Khosla.