Carl Claus Boggild - 16 Feb 2022 Form 4 Insider Report for Pangaea Logistics Solutions Ltd. (PANL)

Role
Director, 10%+ Owner
Signature
/s/ Carl Claus Boggild
Issuer symbol
PANL
Transactions as of
16 Feb 2022
Net transactions value
+$100,002
Form type
4
Filing time
18 Feb 2022, 15:47:00 UTC
Next filing
17 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANL Common Share $0.0001 Par Value Award $100,002 +21,368 +0.26% $4.68 8,311,805 16 Feb 2022 by Lagoa Investments F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares were issued pursuant to the Pangaea Logistics Solutions Ltd. 2014 Share Incentive Plan (as amended and restated by the Board of Directors on May 14, 2019).
F2 8,259,999 Common Shares were purchased in an unregistered private placement by the Company pursuant to a subscription agreement dated as of June 15, 2017.