Arthur L. Regan - Aug 25, 2021 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ Arthur L. Regan
Stock symbol
GNK
Transactions as of
Aug 25, 2021
Transactions value $
$0
Form type
4
Date filed
8/27/2021, 05:30 PM
Previous filing
May 26, 2021
Next filing
Nov 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GNK Common Stock 29.9K Aug 25, 2021 Direct

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 +28.7 +0.52% $0.00 5.58K Aug 25, 2021 Common Stock 28.7 Direct F1, F9, F10
holding GNK Restricted Stock Units 18.4K Aug 25, 2021 Common Stock 18.4K Direct F1, F2
holding GNK Restricted Stock Units 18.9K Aug 25, 2021 Common Stock 18.9K Direct F1, F3
holding GNK Option 58.2K Aug 25, 2021 Common Stock 58.2K $7.06 Direct F4
holding GNK Restricted Stock Units 6.46K Aug 25, 2021 Common Stock 6.46K Direct F1, F5
holding GNK Option 43.9K Aug 25, 2021 Common Stock 43.9K $8.07 Direct F6
holding GNK Option 26.9K Aug 25, 2021 Common Stock 26.9K $13.37 Direct F7
holding GNK Restricted Stock Units 16.7K Aug 25, 2021 Common Stock 16.7K Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 These restricted stock units generally vest in equal installments on each of the first three anniversaries of May 4, 2021, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F3 These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 25, 2020, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F4 These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
F5 These restricted stock units generally vest in equal installments on each of the first three anniversaries of March 4, 2019, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
F6 These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019.
F7 These options generally became exercisable in equal installments on each of the first three anniversaries of February 27, 2018.
F8 These restricted stock units vested on May 17, 2017.
F9 These RSUs generally vest on the earlier of 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.
F10 Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.