Key facts
- This page summarizes CCP II Cayman GP Ltd.'s Form 4 filing for GENCO SHIPPING & TRADING LTD (GNK).
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 11 Aug 2022, 16:15.
CCP II Cayman GP Ltd. - 09 Aug 2022 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- GNK
- Reported as of
- 09 Aug 2022
- Net transaction value
- -$19,285,125
- SEC form
- 4
- Accepted by SEC
- 11 Aug 2022, 16:15:47 UTC
- Prior SEC filing
- 09 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- Centerbridge Capital Partners II (Cayman), L.P., By: Centerbridge Associates II (Cayman), L.P., its general partner, By: CCP II Cayman GP Ltd., its general partner, By: /s/ Susanne V. Clark, Authorized Signatory
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
CCP II Cayman GP Ltd. filed Form 4 for GENCO SHIPPING & TRADING LTD (GNK) on 11 Aug 2022.
Change
- Previous filing in this sequence was filed on 09 Aug 2022.
- Current net transaction value: -$19,285,125.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GNK
transaction
Common Stock, par value $0.01 per share ("Common Stock")
Sale
- Transaction value
- $434,439
- Shares
- -24,818
- Change %
- -0.59%
- Price
- $17.50
- Shares after
- 4,207,781
- Date
- 09 Aug 2022
- Ownership
- See footnotes
- Footnotes
- F1, F3, F4, F5
GNK
transaction
Common Stock
Sale
- Transaction value
- $18,710,528
- Shares
- -1,069,173
- Change %
- -25%
- Price
- $17.50
- Shares after
- 3,138,608
- Date
- 10 Aug 2022
- Ownership
- See footnotes
- Footnotes
- F1, F3, F4, F5
GNK
transaction
Common Stock
Sale
- Transaction value
- $3,186
- Shares
- -182
- Change %
- -0.59%
- Price
- $17.50
- Shares after
- 30,802
- Date
- 09 Aug 2022
- Ownership
- See footnotes
- Footnotes
- F2, F3, F4, F5
GNK
transaction
Common Stock
Sale
- Transaction value
- $136,972
- Shares
- -7,827
- Change %
- -25%
- Price
- $17.50
- Shares after
- 22,975
- Date
- 10 Aug 2022
- Ownership
- See footnotes
- Footnotes
- F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
CCP II Cayman GP Ltd. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
These securities are held by Centerbridge Capital Partners II (Cayman), L.P. ("Capital Partners II").
Footnote F2
These securities are held by Centerbridge Capital Partners SBS II (Cayman), L.P. ("Capital Partners SBS II" and, together with Capital Partners II, the "Centerbridge Funds").
Footnote F3
Centerbridge Associates II (Cayman), L.P. ("CA II Cayman") is the general partner of Capital Partners II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II. CCP II Cayman GP Ltd. ("CCP II Cayman Ltd.") is the general partner of each of CA II Cayman and Capital Partners SBS II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II and Capital Partners SBS II. Jeffrey H. Aronson ("Mr. Aronson"), indirectly, through various intermediate entities controls each of the Centerbridge Funds, and, as such, Mr. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds.
Footnote F4
For purposes of this filing, "Reporting Persons" means, as applicable, Capital Partners II, Capital Partners SBS II, CA II Cayman, CCP II Cayman Ltd. and Mr. Aronson.
Footnote F5
The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein.