0001437749-17-004755.txt : 20170316 0001437749-17-004755.hdr.sgml : 20170316 20170316205820 ACCESSION NUMBER: 0001437749-17-004755 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170314 FILED AS OF DATE: 20170316 DATE AS OF CHANGE: 20170316 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: Vogel Gary CENTRAL INDEX KEY: 0001652305 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33831 FILM NUMBER: 17696213 MAIL ADDRESS: STREET 1: C/O EAGLE BULK SHIPPING INC. STREET 2: 477 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 4 1 rdgdoc.xml FORM 4 X0306 4 2017-03-14 0001322439 Eagle Bulk Shipping Inc. EGLE 0001652305 Vogel Gary C/O EAGLE BULK SHIPPING INC. 300 FIRST STAMFORD PLACE, 5TH FLOOR STAMFORD CT 06902 1 1 Chief Executive Officer Option (right to buy) 5.56 2017-03-14 4 A 0 237500 0 A 2022-03-01 Common Stock 237500 237500 D On March 1, 2017, Eagle Bulk Shipping Inc. (the "Issuer") granted to Gary Vogel, a member of the Issuer's Board of Directors and the Issuer's Chief Executive Officer, options to purchase 237,500 shares of the Issuer's common stock at an exercise price of $5.56 per share (the "Options"), which price was equal to the average closing price per share of the Issuer's common stock, as quoted on the Nasdaq Global Select Market for the 10 trading days immediately preceding March 15, 2017. The Options have a five-year term and vest in four substantially equal installments on each of the following dates: (i) March 1, 2018, (ii) March 1, 2019, (iii) March 1, 2020 and (iv) March 1, 2021, subject to Mr. Vogel's continued employment with the Issuer or its affiliate on the applicable vesting date. In the event that Mr. Vogel's employment is terminated by the Issuer without cause or by him for good reason, his Options will vest as if he remained employed with the Issuer for an additional year beyond the date of such termination, as detailed in the Option Award Agreement, dated March 1, 2017, by and between the Issuer and Mr. Vogel (the "Option Award Agreement"). The Options issued to Mr. Vogel described above were granted pursuant to the Eagle Bulk Shipping Inc. 2016 Equity Incentive Plan and the Option Award Agreement. /s/ Gary Vogel 2017-03-16