Christina Tan - Jan 20, 2025 Form 3 Insider Report for Pangaea Logistics Solutions Ltd. (PANL)

Role
Director, 10%+ Owner
Signature
/s/ Christina Tan
Stock symbol
PANL
Transactions as of
Jan 20, 2025
Transactions value $
$0
Form type
3
Date filed
1/24/2025, 04:06 PM
Previous filing
Apr 1, 2024
Next filing
Feb 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PANL Common Share $0.0001 Par Value 0 Jan 20, 2025 Direct F1
holding PANL Common Share $0.0001 Par Value 18.4M Jan 20, 2025 By Company F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was appointed to the Issuer's Board of Directors effective as of January 20, 2025.
F2 The Reporting Person owns a 24.5% minority non-controlling limited liability company interest in Strategic Investments LLC ("SIL"), which is the sole shareholder of Strategic Shipping Inc. ("Strategic"). Strategic owns the reported common shares of the Issuer (the "Common Shares") and as a result SIL may be deemed to beneficially own the Common Shares. The Reporting Person disclaims beneficial ownership of the Common Shares except to the extent of her pecuniary interest therein.

Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 5(b)(v).