Filing Details
- Accession Number:
- 0001140361-22-029502
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-08-12 20:01:47
- Reporting Period:
- 2022-08-11
- Accepted Time:
- 2022-08-12 20:01:47
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2022-08-11 | 75 | $17.61 | 6,812 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | $0.00 | 7,668 | 7,668 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 1,346 | 1,346 | Direct | ||
| Common Stock | Option | $9.91 | 2022-02-23 | 2027-02-23 | 1,540 | 1,540 | Direct |
| Common Stock | Restricted Stock Units | $0.00 | 945 | 945 | Direct | ||
| Common Stock | Option | $7.06 | 2021-02-25 | 2026-02-25 | 1,873 | 1,873 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 7,668 | 7,668 | Direct | |
| 1,346 | 1,346 | Direct | |
| 2027-02-23 | 1,540 | 1,540 | Direct |
| 945 | 945 | Direct | |
| 2026-02-25 | 1,873 | 1,873 | Direct |
Footnotes
- This transaction was executed for tax planning purposes.
- Reflects the correction of an immaterial error in the balance reported in the reporting person's Form 4 filed on March 10, 2022.
- 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 five anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- 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.
Billionaire Hedge Funds
