SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Auerbach Ethan

(Last) (First) (Middle)
C/O BLUEMOUNTAIN CAPITAL MANAGEMENT,
LLC, 280 PARK AVENUE, 12TH FLOOR

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/24/2015
3. Issuer Name and Ticker or Trading Symbol
Gener8 Maritime, Inc. [ GNRT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 3,228,527 I See Explanation of Responses(1)(2)(3)(4)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The Reporting Person is a Portfolio Manager and a Partner at BlueMountain Capital Management, LLC ("BlueMountain"). The 3,228,527 shares set forth on the table above consist of shares owned by certain investment funds managed by BlueMountain, including 3,069,462 shares held by BlueMountain Credit Alternatives Master Fund L.P. ("BMCA"); 58,045 shares held by BlueMountain Distressed Master Fund L.P. ("BMDF"); and 101,020 shares held by BlueMountain Summit Trading L.P. ("SOF").
2. Mr. Auerbach may be deemed to have an indirect pecuniary interest in such 3,228,527 shares through his proportionate ownership of (i) limited partnership interests in Blue Mountain Credit Alternatives Fund L.P., which in turn owns limited partnership interests in BMCA, which is the direct beneficial owner of 3,069,462 shares, (ii) limited partnership interests in BlueMountain Summit Opportunities Fund II (U.S.) L.P., which in turn owns a limited partnership interest in SOF which is the direct beneficial owner of 101,020 shares, (iii) limited partnership interests in BlueMountain Distressed Fund L.P., which in turn owns a limited partnership interest in BMDF, which is the direct beneficial owner of 58,045 shares.
3. This Form 3 excludes shares owned by certain otherinvestment funds managed by BlueMountain, consisting of 405,336 shares held by BlueMountain Kicking Horse Fund L.P. ("KHF"); 1,179,786 shares held by BlueMountain Credit Opportunities Master Fund I L.P. ("COF"); 1,589,139 shares held by BlueMountain Montenvers Master Fund SCA SICAV-SIF ("BMMF"); 332,992 shares held by BlueMountain Guadalupe Peak Fund L.P. ("BMGP"); 928,885 shares held by BlueMountain Timberline Ltd and 178,264 shares held by BlueMountain Strategic Credit Master Fund L.P. ("SCF" and together with BMCA, BMDF, SOF, KHF, COF, BMMF and BMGP, the "BlueMountain Funds"). Mr. Auerbach holds membership interests in BlueMountain GP Holdings, LLC, the sole beneficial owner of the general partners of each BlueMountain Fund and which has an indirect profits interest in each of the BlueMountain Funds.
4. The filing of this Form 3 shall not be construed as an admission that Mr. Auerbach is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise the beneficial owner of any shares of common stock of Gener8 Maritime, Inc. Pursuant to Rule 16a-1(a)(4) of the Exchange Act, Mr. Auerbach disclaims such beneficial ownership, except to the extent of his pecuniary interest, if any.
/s/ Ethan Auerbach 06/24/2015
** 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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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