Frank De Costanzo - Mar 11, 2022 Form 4 Insider Report for Eagle Bulk Shipping Inc. (EGLE)

Role
Chief Financial Officer
Signature
/s/ Frank De Costanzo
Stock symbol
EGLE
Transactions as of
Mar 11, 2022
Transactions value $
$0
Form type
4
Date filed
3/15/2022, 04:53 PM
Previous filing
Jan 4, 2022
Next filing
Jun 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGLE Common Stock Award $0 +11.3K +25.59% $0.00 55.3K Mar 11, 2022 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 Restricted Stock Units Award $0 +4.06K $0.00 4.06K Mar 11, 2022 Common Stock 4.06K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 11, 2022 the Board of Directors of Eagle Bulk Shipping Inc. (the "Issuer") certified the performance grants from September 3, 2021, where the Issuer granted to Frank De Costanzo, the Issuer's Chief Financial Officer, 11,276 shares of restricted common stock under the Issuer's 2016 Equity Incentive Plan. The shares of restricted common stock vest in three substantially equal installments on September 3, 2022, September 3, 2023 and September 3, 2024.
F2 On March 11, 2022, the Issuer granted to Frank De Costanzo, the Issuer's Chief Financial Officer, 4,062 shares of restricted stock units under the Issuer's 2016 Equity Incentive Plan.
F3 The shares of the restricted stock units vest in three substantially equal installments on January 2, 2023, January 2, 2024 and January 2, 2025.