James G. Dolphin - May 16, 2022 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ James G. Dolphin
Stock symbol
GNK
Transactions as of
May 16, 2022
Transactions value $
$0
Form type
4
Date filed
5/18/2022, 05:34 PM
Previous filing
Mar 18, 2022
Next filing
May 25, 2022

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 +9.11K $0.00 9.11K May 16, 2022 Common Stock 9.11K Direct F2, F10
holding GNK Restricted Stock Units 469 May 16, 2022 Common Stock 469 Direct F1, F2
holding GNK Restricted Stock Units 1.35K May 16, 2022 Common Stock 1.35K Direct F2, F3
holding GNK Restricted Stock Units 19.3K May 16, 2022 Common Stock 19.3K Direct F2, F4
holding GNK Restricted Stock Units 9.75K May 16, 2022 Common Stock 9.75K Direct F2, F5
holding GNK Restricted Stock Units 5.52K May 16, 2022 Common Stock 5.52K Direct F2, F6
holding GNK Restricted Stock Units 11.4K May 16, 2022 Common Stock 11.4K Direct F2, F7
holding GNK Restricted Stock Units 15.1K May 16, 2022 Common Stock 15.1K Direct F2, F8
holding GNK Restricted Stock Units 12K May 16, 2022 Common Stock 12K Direct F2, F9
* 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 July 17, 2015.
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 RSU vests.
F3 These RSUs vested on May 18, 2016.
F4 These RSUs vested on May 17, 2017.
F5 These RSUs vested on May 15, 2018.
F6 These RSUs vested on May 15, 2019.
F7 These RSUs vested on July 15, 2020.
F8 These RSUs vested on May 13, 2021.
F9 These RSUs vested on May 16, 2022.
F10 These RSUs 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.