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
  1. 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.
  2. Represents shares withheld by the issuer for the cashless exercise of options for 16,691 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, 2025, 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, 2024, 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 five anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
  8. 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.
  9. These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
  10. These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
  11. These options generally became exercisable in equal installments on each of the first three anniversaries of March 4, 2019.