James G. Dolphin - 26 Aug 2024 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ James G. Dolphin
Issuer symbol
GNK
Transactions as of
26 Aug 2024
Transactions value $
$0
Form type
4
Filing time
28 Aug 2024, 19:00:19 UTC
Previous filing
31 May 2024
Next filing
27 Nov 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 +11.5 +1.98% $0.00 592 26 Aug 2024 Common Stock 11.5 Direct F1, F2, F13
transaction GNK Restricted Stock Units Award $0 +33.1 +1.98% $0.00 1.71K 26 Aug 2024 Common Stock 33.1 Direct F1, F3, F13
transaction GNK Restricted Stock Units Award $0 +474 +1.98% $0.00 24.4K 26 Aug 2024 Common Stock 474 Direct F1, F4, F13
transaction GNK Restricted Stock Units Award $0 +239 +1.98% $0.00 12.3K 26 Aug 2024 Common Stock 239 Direct F1, F5, F13
transaction GNK Restricted Stock Units Award $0 +135 +1.98% $0.00 6.97K 26 Aug 2024 Common Stock 135 Direct F1, F6, F13
transaction GNK Restricted Stock Units Award $0 +280 +1.98% $0.00 14.5K 26 Aug 2024 Common Stock 280 Direct F1, F7, F13
transaction GNK Restricted Stock Units Award $0 +369 +1.98% $0.00 19K 26 Aug 2024 Common Stock 369 Direct F1, F8, F13
transaction GNK Restricted Stock Units Award $0 +294 +1.98% $0.00 15.2K 26 Aug 2024 Common Stock 294 Direct F1, F9, F13
transaction GNK Restricted Stock Units Award $0 +223 +1.98% $0.00 11.5K 26 Aug 2024 Common Stock 223 Direct F1, F10, F13
transaction GNK Restricted Stock Units Award $0 +309 +1.98% $0.00 15.9K 26 Aug 2024 Common Stock 309 Direct F1, F11, F13
transaction GNK Restricted Stock Units Award $0 +183 +1.98% $0.00 9.42K 26 Aug 2024 Common Stock 183 Direct F1, F12, F13
* 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.
F13 Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.