James G. Dolphin - 23 May 2024 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ James G. Dolphin
Issuer symbol
GNK
Transactions as of
23 May 2024
Net transactions value
$0
Form type
4
Filing time
24 May 2024, 19:00:46 UTC
Previous filing
15 Mar 2024
Next filing
31 May 2024
SEC
View on sec.gov

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 GNK Restricted Stock Units Award $0 +9,242 $0.000000 9,242 23 May 2024 Common Stock 9,242 Direct F1, F12
holding GNK Restricted Stock Units 1,643 23 May 2024 Common Stock 1,643 Direct F1, F2
holding GNK Restricted Stock Units 1,643 23 May 2024 Common Stock 1,643 Direct F1, F3
holding GNK Restricted Stock Units 23,520 23 May 2024 Common Stock 23,520 Direct F1, F4
holding GNK Restricted Stock Units 11,853 23 May 2024 Common Stock 11,853 Direct F1, F5
holding GNK Restricted Stock Units 6,712 23 May 2024 Common Stock 6,712 Direct F1, F6
holding GNK Restricted Stock Units 13,915 23 May 2024 Common Stock 13,915 Direct F1, F7
holding GNK Restricted Stock Units 18,334 23 May 2024 Common Stock 18,334 Direct F1, F8
holding GNK Restricted Stock Units 14,589 23 May 2024 Common Stock 14,589 Direct F1, F9
holding GNK Restricted Stock Units 11,080 23 May 2024 Common Stock 11,080 Direct F1, F10
holding GNK Restricted Stock Units 15,341 23 May 2024 Common Stock 15,341 Direct F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the RSU vests
F2 These RSUs vested on July 17, 2015.
F3 These RSUs vested on May 18, 2016.
F4 These RSUs vested on May 17, 2017.
F5 These RSUs vested on May 15, 2018.
F6 These RSUs vested on May 15, 2019.
F7 These RSUs vested on July 15, 2020.
F8 These RSUs vested on May 13, 2021.
F9 These RSUs vested on May 16, 2022.
F10 These RSUs vested on May 16, 2023.
F11 These RSUs vested on May 23, 2024.
F12 These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 23, 2024 grant date and (ii) the date that is fourteen months after the grant date.