Kathleen C. Haines - May 13, 2021 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ Kathleen C. Haines
Stock symbol
GNK
Transactions as of
May 13, 2021
Transactions value $
$0
Form type
4
Date filed
5/14/2021, 07:47 PM
Next filing
May 26, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GNK Restricted Stock Units Award $0 +5.53K $0.00 5.53K May 13, 2021 Common Stock 5.53K Direct F2, F6
holding GNK Restricted Stock Units 9.26K May 13, 2021 Common Stock 9.26K Direct F1, F2
holding GNK Restricted Stock Units 5.24K May 13, 2021 Common Stock 5.24K Direct F2, F3
holding GNK Restricted Stock Units 10.9K May 13, 2021 Common Stock 10.9K Direct F2, F4
holding GNK Restricted Stock Units 14.3K May 13, 2021 Common Stock 14.3K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") vested on May 15, 2018.
F2 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.
F3 These RSUs vested on May 15, 2019.
F4 These RSUs vested on July 15, 2020.
F5 These RSUs vested on May 13, 2021.
F6 These restricted stock units generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.