Basil G. Mavroleon - May 23, 2024 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ Basil G. Mavroleon
Stock symbol
GNK
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/24/2024, 07:00 PM
Previous filing
Mar 15, 2024
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GNK Common Stock 739 May 23, 2024 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 +5.78K $0.00 5.78K May 23, 2024 Common Stock 5.78K Direct F1, F11
holding GNK Restricted Stock Units 1.64K May 23, 2024 Common Stock 1.64K Direct F1, F2
holding GNK Restricted Stock Units 23.5K May 23, 2024 Common Stock 23.5K Direct F1, F3
holding GNK Restricted Stock Units 11.9K May 23, 2024 Common Stock 11.9K Direct F1, F4
holding GNK Restricted Stock Units 6.71K May 23, 2024 Common Stock 6.71K Direct F1, F5
holding GNK Restricted Stock Units 13.9K May 23, 2024 Common Stock 13.9K Direct F1, F6
holding GNK Restricted Stock Units 18.3K May 23, 2024 Common Stock 18.3K Direct F1, F7
holding GNK Restricted Stock Units 7.09K May 23, 2024 Common Stock 7.09K Direct F1, F8
holding GNK Restricted Stock Units 5.54K May 23, 2024 Common Stock 5.54K Direct F1, F9
holding GNK Restricted Stock Units 7.67K May 23, 2024 Common Stock 7.67K Direct F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("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.
F2 These RSUs vested on May 18, 2016.
F3 These RSUs vested on May 17, 2017.
F4 These RSUs vested on May 15, 2018.
F5 These RSUs vested on May 15, 2019.
F6 These RSUs vested on July 15, 2020.
F7 These RSUs vested on May 13, 2021.
F8 These RSUs vested on May 16, 2022.
F9 These RSUs vested on May 16, 2023.
F10 These RSUs vested on May 23, 2024.
F11 These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 23, 2024 grant date and (ii) the date that is fourteen months after the grant date.