Frank de Costanzo - 02 Jan 2023 Form 4 Insider Report for Eagle Bulk Shipping Inc.

Role
Chief Financial Officer
Signature
/s/ Frank De Costanzo
Issuer symbol
N/A
Transactions as of
02 Jan 2023
Net transactions value
-$152,167
Form type
4
Filing time
04 Jan 2023, 18:59:06 UTC
Previous filing
08 Sep 2022
Next filing
08 Mar 2023
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 +1,354 +2.7% 51,306 02 Jan 2023 Direct F1
transaction EGLE Common Stock Tax liability $30,963 -620 -1.2% $49.94 50,686 02 Jan 2023 Direct F2
transaction EGLE Common Stock Tax liability $121,204 -2,427 -4.8% $49.94 48,259 02 Jan 2023 Direct F3

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 Options Exercise $0 -1,354 -33% $0.000000 2,708 02 Jan 2023 Common Stock 1,354 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award was granted on March 11, 2022. The award vests in three substantially equal installments on January 2, 2023, January 2, 2024 and January 2, 2025.
F2 Represents the withholding of shares to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units awarded on March 11, 2022.
F3 Represents the withholding of shares to satisfy the reporting person's tax withholding obligation upon the vesting of shares of restricted common stock awarded on May 14, 2020 and February 19, 2021.