Gary Vogel - 09 Apr 2024 Form 4 Insider Report for Eagle Bulk Shipping Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Apr 2024, 16:18:01 UTC
Prior SEC filing
27 Feb 2024
Next SEC filing
24 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Gary Vogel

Key filing fact

Gary Vogel filed Form 4 for Eagle Bulk Shipping Inc. on 11 Apr 2024.

Key facts

  • This page summarizes Gary Vogel's Form 4 filing for Eagle Bulk Shipping Inc..
  • 11 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 11 Apr 2024, 16:18.

Change

  • Previous filing in this sequence was filed on 27 Feb 2024.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EGLE transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-10,847
Change %
-7.7%
Price
Shares after
129,513
Date
09 Apr 2024
Ownership
Direct
Footnotes
F1
EGLE transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-129,513
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-3,100
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,100
Exercise price
Footnotes
F3
EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-7,220
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,220
Exercise price
Footnotes
F4
EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-38,045
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,045
Exercise price
Footnotes
F5
EGLE transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+38,045
Change %
Price
$0.000000
Shares after
38,045
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,045
Exercise price
Footnotes
F6
EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-38,045
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
38,045
Exercise price
Footnotes
F7
EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-5,660
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,660
Exercise price
Footnotes
F8
EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-5,135
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,135
Exercise price
Footnotes
F9
EGLE transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+4,245
Change %
Price
$0.000000
Shares after
4,245
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,245
Exercise price
Footnotes
F10
EGLE transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-4,245
Change %
-100%
Price
Shares after
0
Date
09 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,245
Exercise price
Footnotes
F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Gary Vogel is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 11 footnotes

Footnote F1

This award of restricted shares of common stock and performance-based restricted shares of common stock was granted on September 3, 2021 and certain performance criteria were certified on March 11, 2022. The unvested restricted shares of common stock subject to this award were cancelled and converted into 28,433 restricted common shares of Star Bulk Carriers Corp. ("Star Bulk") in connection with the closing of the merger of Eagle Bulk Shipping Inc. (the "Issuer") and Star Bulk pursuant to that certain Agreement and Plan of Merger dated December 11, 2023, by and among the Issuer, Star Bulk and Star Infinity Corp. (the "Merger Agreement").

Footnote F2

Disposed of in exchange for 339,466 common shares of Star Bulk and cash in lieu of fractional shares in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F3

This award was granted on March 11, 2022. The unvested restricted stock units subject to this award were cancelled and converted into 8,126 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F4

This award of performance-based restricted stock units was granted on March 11, 2022 and certain performance criteria were certified on March 8, 2023. The unvested restricted stock units subject to this award were cancelled and converted into 18,925 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F5

This award was granted on November 15, 2022. The unvested restricted stock units subject to this award were cancelled and converted into 99,720 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F6

On April 9, 2024, in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement, certain performance criteria for the performance-based restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Gary Vogel, the Issuer's Chief Executive Officer, on November 15, 2022 had been met and 38,045 restricted stock units may become vested.

Footnote F7

This award of performance-vested restricted stock units was granted on November 15, 2022 and certain performance criteria were met on April 9, 2024. The unvested restricted stock units subject to this award were cancelled and converted into 99,720 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F8

This award was granted on March 6, 2023. The unvested restricted stock units subject to this award were cancelled and converted into 14,836 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F9

This award of performance-based restricted stock units was granted on March 6, 2023 and certain performance criteria were certified on February 24, 2024. The unvested restricted stock units subject to this award were cancelled and converted into 13,460 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Footnote F10

On April 9, 2024, in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement, certain performance criteria for the performance-based restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Gary Vogel, the Issuer's Chief Executive Officer, on March 6, 2023 had been met and 4,245 restricted stock units may become vested.

Footnote F11

This award of performance-based restricted stock units was granted on March 6, 2023 and certain performance criteria were met on April 9, 2024. The unvested restricted stock units subject to this award were cancelled and converted into 11,127 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .