Gary Vogel - 15 Dec 2021 Form 4 Insider Report for Eagle Bulk Shipping Inc.

Role
Chief Executive Officer, Director
Signature
/s/ Gary Vogel
Issuer symbol
N/A
Transactions as of
15 Dec 2021
Net transactions value
-$32.8
Form type
4
Filing time
16 Dec 2021, 15:50:38 UTC
Previous filing
14 Dec 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGLE Common Stock Options Exercise $1,198,400 +40,000 +21% $29.96 226,814 15 Dec 2021 Direct
transaction EGLE Common Stock Tax liability $1,198,433 -30,510 -13% $39.28 196,304 15 Dec 2021 Direct F1

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 EGLE Employee Stock Option (right to buy) Options Exercise $0 -40,000 -100% $0.000000* 0 15 Dec 2021 Common Stock 40,000 $29.96 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares of common stock withheld to satisfy the exercise price for the option to purchase common stock based on the closing share price of $39.28 on December 15, 2021.
F2 The option, representing a right to purchase a total of 180,925 shares of common stock, became exercisable in four substantially equal installments on January 1, 2017, September 1, 2017, September 1, 2018 and September 1, 2019.