0001140361-16-076295.txt : 20160812 0001140361-16-076295.hdr.sgml : 20160812 20160812210350 ACCESSION NUMBER: 0001140361-16-076295 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160810 FILED AS OF DATE: 20160812 DATE AS OF CHANGE: 20160812 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Eagle Bulk Shipping Inc. CENTRAL INDEX KEY: 0001322439 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 980450435 STATE OF INCORPORATION: 1T FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 300 FIRST STAMFORD PLACE STREET 2: 5TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 203-276-8100 MAIL ADDRESS: STREET 1: 300 FIRST STAMFORD PLACE STREET 2: 5TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tananbaum Steven A. CENTRAL INDEX KEY: 0001435626 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 161829704 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GoldenTree Asset Management LLC CENTRAL INDEX KEY: 0001435627 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 161829705 BUSINESS ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-847-3500 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GOLDENTREE ASSET MANAGEMENT LP CENTRAL INDEX KEY: 0001278951 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 161829706 BUSINESS ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128473500 MAIL ADDRESS: STREET 1: 300 PARK AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 doc1.xml FORM 4 X0306 4 2016-08-10 0 0001322439 Eagle Bulk Shipping Inc. EGLE 0001278951 GOLDENTREE ASSET MANAGEMENT LP 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks 0001435627 GoldenTree Asset Management LLC 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks 0001435626 Tananbaum Steven A. 300 PARK AVENUE 21ST FLOOR NEW YORK NY 10022 0 0 1 1 See Remarks Common Stock, par value $0.01 per share ("Common Stock") 2016-08-10 4 P 0 3482824 3.00 A 3575707 I See footnotes Common Stock 2016-08-10 4 P 0 188746 3.00 A 195520 I See footnotes Common Stock 2016-08-10 4 P 0 714518 3.00 A 714519 I See footnotes Common Stock 2748 D Common Stock 8484 I See footnotes Common Stock 17505 I See footnotes Common Stock 117791 I See footnotes Common Stock 19268 I See footnotes Common Stock 3215 I See footnotes See Exhibit 99.1; footnote (1). See Exhibit 99.1; footnote (2). See Exhibit 99.1; footnote (3). See Exhibit 99.1; footnote (4). See Exhibit 99.1; footnote (5). See Exhibit 99.1; footnote (6). See Exhibit 99.1; footnote (7). See Exhibit 99.1; footnote (8). See Exhibit 99.1; footnote (9). See Exhibit 99.1; footnote (10). List of Exhibits: Exhibit 99.1: Explanation of Responses Solely for purposes of Section 16 of the Exchange Act, each of the Advisor and, by virtue of their control of the Advisor, the General Partner and Steven A. Tananbaum may be deemed to be directors-by-deputization by virtue of the contractual right of the Advisor to designate a member of the board of directors of EGLE. Casey Shanley has been designated by the Advisor to serve as a member of EGLE's board of directors. GoldenTree Asset Management LP, By: GoldenTree Asset Management LLC, its General Partner, By: /s/ Steven A. Tananbaum, its Managing Member 2016-08-12 GoldenTree Asset Management LLC, By: /s/ Steven A. Tananbaum, its Managing Member 2016-08-12 /s/ Steven A. Tananbaum 2016-08-12 EX-99.1 2 g17898716.htm EXPLANATION OF RESPONSES
 
Explanation of Responses:
(1) This Form 4 is filed on behalf of GoldenTree Asset Management LP (the “Advisor”), GoldenTree Asset Management LLC (the “General Partner”) and Steven A. Tananbaum (collectively, the “Reporting Persons”).  The Advisor is the investment manager or advisor to GoldenTree Distressed Fund 2014 LP (“GDF”), GoldenTree E Distressed Debt Fund II LP (“GEDD”), GT NM, L.P. (“GTNM”), GoldenTree Distressed Master Fund 2014 Ltd. (“GDMF”), GoldenTree E Distressed Debt Master Fund II LP (“GDDF”), GoldenTree Entrust Master Fund SPC on behalf of and for the account of Segregated Portfolio I (“GSPC”), GoldenTree Master Fund II, LTD (“GFII”), GoldenTree 2004 Trust (“GT”), Gold Coast Capital Subsidiary X Limited (“GC”), GoldenTree NJ Distressed Fund 2015 LP (“GNJ”), GoldenTree Master Fund, LTD (“GMF” and together with GDF, GEDD, GTNM, GDMF, GDDF, GSPC, GFII, GT, GC and GNJ the “Funds”) and certain separate accounts managed by the Advisor (the “Managed Accounts”) and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts.  The General Partner is the general partner of the Advisor and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor has a pecuniary interest.  Steven A. Tananbaum is the managing member of the General Partner and may be deemed to have a pecuniary interest in the Common Stock reported herein in which the Advisor and the General Partner have a pecuniary interest, and also directly holds shares of Common Stock.  The Advisor, the General Partner and the Funds disclaim beneficial ownership of the shares held directly by Steven A. Tananbaum.  Each Fund disclaims beneficial ownership of the shares held directly by each other Fund, the Managed Accounts and Steven A. Tananbaum.  Shares held directly by persons other than Steven A. Tananbaum, GDMF, GDDF, GSPC, GFII, GNJ and GMF are reported on a separate Form 4 filed contemporaneously with this Form 4 due to the limitation on the number of transactions reportable on any single Form 4.  All Common Stock share numbers reported in this filing reflect the 1-for-20 reverse stock split of the Common Stock that was effective as of 5:00 p.m., Eastern Time, on August 4, 2016.
(2) Common Stock held directly by Steven A. Tananbaum.
(3) Common Stock held directly by GoldenTree Distressed Master Fund 2014 Ltd.
(4) Common Stock held directly by GoldenTree E Distressed Debt Master Fund II LP.
(5) Common Stock held directly by GoldenTree Entrust Master Fund SPC on behalf of and for the account of Segregated Portfolio I.
(6) Common Stock held directly by GoldenTree Master Fund II, LTD.
(7) Common Stock held directly by GoldenTree Master Fund, LTD.
(8) Common Stock held directly by a separate account managed by GoldenTree Asset Management LP.
(9) Common Stock held directly by a separate account managed by GoldenTree Asset Management LP.
(10) Common Stock held directly by GoldenTree NJ Distressed Fund 2015 LP.