SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GEORGIOPOULOS JOHN C

(Last)

(First)

(Middle)

C/O GENERAL MARITIME CORP

35 WEST 56TH STREET

(Street)

NEW YORK

10019

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
GENERAL MARITIME CORP/ [ GMR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Administrative Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/10/2004		M		8,000	A	$18	28,000	D
Common Stock	11/10/2004		S		8,000	D	$39.0135	20,000	D
Common Stock	11/11/2004		M		8,000	A	$18	28,000	D
Common Stock	11/11/2004		S		8,000	D	$40.1958	20,000	D
Common Stock	11/11/2004		M		2,000	A	$18	22,000	D
Common Stock	11/11/2004		S		2,000	D	$40.4775	20,000	D
Common Stock	11/12/2004		M		6,000	A	$18	26,000	D
Common Stock	11/12/2004		S		6,000	D	$40.808	20,000	D
Common Stock	11/12/2004		S		2,500	D	$40.7064	17,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)⁽¹⁾	$18	11/10/2004		M			8,000	06/15/2001	06/11/2011	Common Stock	8,000	$0	56,000	D
Employee Stock Option (Right to Buy)⁽¹⁾	$18	11/11/2004		M			8,000	06/15/2001	06/11/2011	Common Stock	8,000	$0	48,000	D
Employee Stock Option (Right to Buy)⁽¹⁾	$18	11/11/2004		M			2,000	06/15/2002	06/11/2011	Common Stock	2,000	$0	46,000	D
Employee Stock Option (Right to Buy)⁽¹⁾	$18	11/12/2004		M			6,000	06/15/2002	06/11/2011	Common Stock	6,000	$0	40,000	D

Explanation of Responses:

1. Employee Stock Options to purchase 16,000 shares of Common Stock became exercisable on June 15, 1002. The remaining Employee Stock Options will become exercisable in equal installments on the first three anniversaries of such date.

	/s/ John C. Georgiopoulos	11/12/2004
	** Signature of Reporting Person	Date
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 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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