Filing Details

Accession Number:
0001140361-24-010853
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-01 19:00:45
Reporting Period:
2024-02-29
Accepted Time:
2024-03-01 19:00:45
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 Acquisiton 2024-02-29 1,540 $9.91 18,742 No 4 M Direct
Common Stock Disposition 2024-02-29 748 $20.40 17,994 No 4 S Direct
Common Stock Acquisiton 2024-02-29 1,873 $7.06 19,867 No 4 M Direct
Common Stock Disposition 2024-02-29 648 $20.40 19,219 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option Disposition 2024-02-29 1,540 $0.00 1,540 $9.91
Common Stock Option Disposition 2024-02-29 1,873 $0.00 1,873 $7.06
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-02-23 2027-02-23 No 4 D Direct
0 2021-02-25 2026-02-25 No 4 D 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 6,879 6,879 Direct
Common Stock Restricted Stock Units $0.00 2,556 5,113 Direct
Common Stock Restricted Stock Units $0.00 6,431 12,862 Direct
Common Stock Restricted Stock Units $0.00 2,556 2,556 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
6,879 6,879 Direct
2,556 5,113 Direct
6,431 12,862 Direct
2,556 2,556 Direct
Footnotes
  1. Represents shares withheld by the issuer for the cashless exercise of options for 1,540 shares of the issuer's common stock.
  2. Represents shares withheld by the issuer for the cashless exercise of options for 1,873 shares of the issuer's common stock.
  3. 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.
  4. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2024, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  5. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  6. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  7. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  8. These options generally became exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
  9. These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.