Carl Claus Boggild - 15 Feb 2023 Form 4 Insider Report for Pangaea Logistics Solutions Ltd. (PANL)

Role
Director, 10%+ Owner
Signature
/s/ Carl Claus Boggild
Issuer symbol
PANL
Transactions as of
15 Feb 2023
Transactions value $
$100,002
Form type
4
Filing time
17 Feb 2023, 15:09:13 UTC
Previous filing
18 Feb 2022
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PANL Common Share $0.0001 Par Value Award $100K +16.3K +0.2% $6.14 8.33M 15 Feb 2023 by Lagoa Investments F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares were issued pursuant to the Pangaea Logistics Solutions Ltd. 2014 Share Incentive Plan (as amended and restated by the Board of Directors on May 6, 2022).
F2 8,259,999 Common Shares were purchased in an unregistered private placement by the Company pursuant to a subscription agreement dated as of June 15, 2017.