Home > Insider Trading > Filing (0001140361-21-007568)

Filing Details

Accession Number:: 0001140361-21-007568
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-05 21:00:46
Reporting Period:: 2021-03-04

Accepted Time:: 2021-03-05 21:00:46
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
1626933	Joseph Adamo	C/O Genco Shipping &Amp; Trading Limited 299 Park Avenue, 12Th Floor New York NY 10171	Chief Accounting Officer	No	No	No	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	Acquisiton	2021-03-04	596	$0.00	2,270	No	4	M	Direct
Common Stock	Disposition	2021-03-04	150	$11.03	2,120	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2021-03-01	596	$0.00	596	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
596			No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Restricted Stock Units	$0.00			2,018	2,018	Direct
Common Stock	Option	$9.91	2022-02-23	2027-02-23	2,309	2,309	Direct
Common Stock	Restricted Stock Units	$0.00			1,889	1,889	Direct
Common Stock	Option	$7.06	2021-02-25	2026-02-25	5,618	5,618	Direct
Common Stock	Option	$8.07	2020-03-04	2025-03-04	4,054	4,054	Direct
Common Stock	Warrant	$195.15	2014-07-09	2021-07-09	308	2,857	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	2,018	2,018	Direct
2027-02-23	2,309	2,309	Direct
	1,889	1,889	Direct
2026-02-25	5,618	5,618	Direct
2025-03-04	4,054	4,054	Direct
2021-07-09	308	2,857	Direct

Footnotes

The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting.
These shares were sold in order to satisfy the reporting person's tax obligations for restricted stock units that settled on March 4, 2021.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.02 to $11.04 (inclusive) on March 4, 2021. The reporting person undertakes to provide to Genco Shipping & Trading Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
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.
These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2021, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
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.
These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
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.
These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019.