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Filing Details

Accession Number:: 0000950142-19-000666
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-03-29 20:27:25
Reporting Period:: 2019-03-27

Accepted Time:: 2019-03-29 20:27:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1322439	Eagle Bulk Shipping Inc.	EGLE	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
949509	Oaktree Capital Management Lp	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1403382	Oaktree Holdings, Inc.	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1403525	Oaktree Capital Group Holdings Gp, Llc	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1403528	Oaktree Capital Group, Llc	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1623261	Ltd. Holdings Eb Opps Ocm	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share ("Common Stock")	Acquisiton	2019-03-27	38,357	$4.45	26,257,895	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2019-03-28	42,509	$4.55	26,300,404	No	4	P	Indirect	See Footnote
Common Stock	Acquisiton	2019-03-29	77,065	$4.57	26,377,469	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Footnotes

The price in column 4 is a weighted average price. On March 27, 2019, 38,357 shares were purchased in multiple transactions, at prices ranging from $4.50 to $4.35, inclusive. On March 28, 2019, 42,509 shares were purchased in multiple transactions, at prices ranging from $4.57 to $4.53, inclusive. On March 29, 2019, 77,065 shares were purchased in multiple transactions, at prices ranging from $4.58 to $4.52, inclusive.
This Form 4 is being filed by OCM Opps EB Holdings, Ltd ("EB Holdings") with respect to (i) the 26,377,469 shares of the Issuer's common stock, par value $0.01 per share ("Common Stock"), that may be deemed to be beneficially owned by the Reporting Persons (as defined below) and (ii) the 364 warrants exercisable for shares of Common Stock (the "Warrants"), all of which are directly owned by EB Holdings. This Form 4 is also being filed by each of (i) Oaktree Capital Management, L.P. ("Management") as the sole director of EB Holdings; (ii) Oaktree Holdings, Inc. ("Holdings, Inc.") as the general partner of Management; (iii) Oaktree Capital Group, LLC ("OCG") as the sole shareholder of Holdings, Inc.; and (iv) Oaktree Capital Group Holdings GP, LLC ("OCGH GP", and, together with EB Holdings, Management, Holdings, Inc. and OCG, the "Reporting Persons" and each a "Reporting Person") as the duly elected manager of OCG.
Each Reporting Person disclaims beneficial ownership of the Common Stock reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any Common Stock covered by this Form 4.
The members of OCGH GP are Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank and Sheldon M. Stone, who, by virtue of their membership interests in OCGH GP, may be deemed to share voting and dispositive power with respect to the shares of Common Stock held by EB Holdings. Each of the general partners, managing members, directors and managers described above disclaims beneficial ownership of any shares of common stock beneficially or of record owned by the Reporting Persons, except to the extent of any pecuniary interest therein.
Common Stock held directly by EB Holdings.