Filing Details

Accession Number:
0001140361-24-025790
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-13 20:03:22
Reporting Period:
2024-05-13
Accepted Time:
2024-05-13 20:03:22
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
1332732 L Arthur Regan C/O Genco Shipping &Amp; Trading Limited
299 Park Avenue, 12Th Floor
New York NY 10171
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 2024-05-13 1,400 $22.86 104,414 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 16,666 16,666 Direct
Common Stock Restricted Stock Units $0.00 137 7,085 Direct
Common Stock Restricted Stock Units $0.00 107 5,539 Direct
Common Stock Restricted Stock Units $0.00 148 7,670 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
16,666 16,666 Direct
137 7,085 Direct
107 5,539 Direct
148 7,670 Direct
Footnotes
  1. These shares were sold in order to satisfy the reporting person's tax obligations for certain restricted stock units ("RSUs") of the issuer that vested on May 9, 2024.
  2. Each RSU 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.
  3. These RSUs vested on May 17, 2017.
  4. These RSUs vested on May 16, 2022.
  5. These RSUs vested on May 16, 2023.
  6. These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 16, 2023 grant date and (ii) the date that is fourteen months after the grant date.