Carl Claus Boggild - 19 Feb 2025 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
19 Feb 2025
Transactions value $
$120,000
Form type
4
Filing time
19 Feb 2025, 18:16:18 UTC
Previous 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 $120K +23.1K +0.28% $5.20 8.37M 19 Feb 2025 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 Unrestricted shares were issued pursuant to the Pangaea Logistics Solutions Ltd. 2024 Share Incentive Plan (as amended and restated by the Board of Directors on May 7, 2024).
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.