Filing Details
- Accession Number:
- 0001140361-25-007478
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-06 21:00:55
- Reporting Period:
- 2025-03-04
- Filing Date:
- 2025-03-06
- Accepted Time:
- 2025-03-06 21:00:55
- 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 |
---|---|---|---|---|---|---|---|
1333673 | C John Wobensmith | C/O Genco Shipping &Amp; Trading Limited 299 Park Avenue, 12Th Floor New York NY 10171 | Ceo, President, And Secretary | 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 | 2025-03-04 | 16,691 | $8.07 | 515,364 | No | 4 | M | Direct | |
Common Stock | Disposition | 2025-03-04 | 9,533 | $14.12 | 505,831 | 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
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Option | Disposition | 2025-03-04 | 16,691 | $0.00 | 16,691 | $8.07 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2020-03-04 | 2025-03-04 | No | 4 | M | 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 | 51,178 | 51,178 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 25,684 | 25,684 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 13,293 | 13,293 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 67,524 | 67,524 | Direct | ||
Common Stock | Restricted Stock Units | $0.00 | 40,898 | 40,898 | Direct | ||
Common Stock | Option | $9.91 | 2022-02-23 | 2027-02-23 | 69,284 | 69,284 | Direct |
Common Stock | Option | $7.06 | 2021-02-25 | 2026-02-25 | 168,539 | 168,539 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
51,178 | 51,178 | Direct | |
25,684 | 25,684 | Direct | |
13,293 | 13,293 | Direct | |
67,524 | 67,524 | Direct | |
40,898 | 40,898 | Direct | |
2027-02-23 | 69,284 | 69,284 | Direct |
2026-02-25 | 168,539 | 168,539 | Direct |
Footnotes
- Represents exercise of stock options held by the reporting person that were scheduled to expire, if not exercised, at 5:00 p.m. New York time on March 4, 2025.
- Represents shares withheld by the issuer for the cashless exercise of options for 16,691 shares of the issuer's common stock.
- 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, 2025, 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, 2024, 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, 2023, 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 five anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
- These restricted stock units generally vest in installments of 21.43% per annum on each of the first three anniversaries of February 23, 2022, 17.86% on the fourth such anniversary, and 17.85% on the fifth such anniversary, 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 options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
- These options generally became exercisable in equal installments on each of the first three anniversaries of March 4, 2019.