Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EGLE | Common Stock | Tax liability | -$228K | -4.17K | -34.83% | $54.68 | 7.81K | Dec 15, 2023 | Direct | F1 |
transaction | EGLE | Common Stock | Options Exercise | +3.27K | +41.9% | 11.1K | Dec 19, 2023 | Direct | F2 | ||
transaction | EGLE | Common Stock | Tax liability | -$79K | -1.45K | -13.1% | $54.41 | 9.63K | Dec 19, 2023 | Direct | F3 |
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 | -3.27K | -100% | $0.00* | 0 | Dec 19, 2023 | Common Stock | 3.27K | Direct | F2 |
Id | Content |
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F1 | 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 January 2, 2021, February 11, 2022, and February 17, 2023. On December 15, 2023, in connection with the employment agreement entered into by and among the Issuer, Eagle Shipping International (USA) LLC and the reporting person on December 11, 2023, as reported on the Issuer's Form 8-K filed with the SEC on December 14, 2023, vesting of the reporting person's shares of restricted common stock that would have vested on January 2, 2024, January 2, 2025 and January 2, 2026 was accelerated, as previously approved by the Compensation Committee of the Issuer's Board of Directors. The total value of securities withheld was based on a price of $54.68 per share, the closing price of the Issuer's common stock on December 15, 2023. |
F2 | This award was granted on April 1, 2023. On December 15, 2023, in connection with the employment agreement entered into by and among the Issuer, Eagle Shipping International (USA) LLC and the reporting person on December 11, 2023, as reported on the Issuer's Form 8-K filed with the SEC on December 14, 2023, vesting of the reporting person's restricted stock units that would have vested on January 2, 2024, January 2, 2025 and January 2, 2026 was accelerated, as previously approved by the Compensation Committee of the Issuer's Board of Directors. The shares of common stock in settlement of these restricted stock units were delivered to the reporting person on December 19, 2023. |
F3 | Represents the withholding of shares to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units awarded on April 1, 2023. The total value of securities withheld was based on a price of $54.41 per share, the closing price of the Issuer's common stock on December 19, 2023. |