CCP II Cayman GP Ltd. - Aug 5, 2022 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
10%+ Owner
Signature
Centerbridge Capital Partners II (Cayman), L.P., By: Centerbridge Associates II (Cayman), L.P., its general partner, By: CCP II Cayman GP Ltd.,its general partner, By: /s/ Susanne V. Clark, Authorized Signatory
Stock symbol
GNK
Transactions as of
Aug 5, 2022
Transactions value $
-$5,281,025
Form type
4
Date filed
8/9/2022, 04:15 PM
Previous filing
Aug 18, 2021
Next filing
Aug 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNK Common Stock, par value $0.01 per share ("Common Stock") Sale -$887K -50.6K -1.12% $17.52 4.48M Aug 5, 2022 See footnotes F1, F3, F4, F5
transaction GNK Common Stock Sale -$4.36M -248K -5.54% $17.55 4.23M Aug 8, 2022 See footnotes F1, F3, F4, F5
transaction GNK Common Stock Sale -$6.5K -371 -1.12% $17.52 32.8K Aug 5, 2022 See footnotes F2, F3, F4, F5
transaction GNK Common Stock Sale -$31.9K -1.82K -5.54% $17.55 31K Aug 8, 2022 See footnotes F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held by Centerbridge Capital Partners II (Cayman), L.P. ("Capital Partners II").
F2 These securities are held by Centerbridge Capital Partners SBS II (Cayman), L.P. ("Capital Partners SBS II" and, together with Capital Partners II, the "Centerbridge Funds").
F3 Centerbridge Associates II (Cayman), L.P. ("CA II Cayman") is the general partner of Capital Partners II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II. CCP II Cayman GP Ltd. ("CCP II Cayman Ltd.") is the general partner of each of CA II Cayman and Capital Partners SBS II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II and Capital Partners SBS II. Jeffrey H. Aronson ("Mr. Aronson"), indirectly, through various intermediate entities controls each of the Centerbridge Funds, and, as such, Mr. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds.
F4 For purposes of this filing, "Reporting Persons" means, as applicable, Capital Partners II, Capital Partners SBS II, CA II Cayman, CCP II Cayman Ltd. and Mr. Aronson.
F5 The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein.