0001140361-15-028619.txt : 20150724 0001140361-15-028619.hdr.sgml : 20150724 20150724210024 ACCESSION NUMBER: 0001140361-15-028619 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150722 FILED AS OF DATE: 20150724 DATE AS OF CHANGE: 20150724 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GENCO SHIPPING & TRADING LTD CENTRAL INDEX KEY: 0001326200 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 299 PARK AVENUE STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10171 BUSINESS PHONE: (646) 443-8550 MAIL ADDRESS: STREET 1: 299 PARK AVENUE STREET 2: 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10171 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WOBENSMITH JOHN C CENTRAL INDEX KEY: 0001333673 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 151005743 MAIL ADDRESS: STREET 1: 35 WEST 56TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 4 1 doc1.xml FORM 4 X0306 4 2015-07-22 0 0001326200 GENCO SHIPPING & TRADING LTD GNK 0001333673 WOBENSMITH JOHN C C/O GENCO SHIPPING & TRADING LIMITED 299 PARK AVENUE, 12TH FLOOR NEW YORK NY 10171 0 1 0 0 President and Secretary Common Stock 2015-07-22 4 S 0 26479 7.4479 D 350321 D Common Stock 2015-07-23 4 S 0 2928 7.5215 D 347393 D Warrant 25.91 2015-08-07 2020-08-07 Common Stock 476133 476133 D Warrant 28.73 2015-08-07 2020-08-07 Common Stock 493402 493402 D Warrant 34.19 2015-08-07 2020-08-07 Common Stock 741958 741958 D Warrant 20.99 2014-07-09 2021-07-09 Common Stock 26533 26533 D These shares were sold under instructions given in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in order to satisfy the reporting person's tax obligations for restricted shares of common stock of Baltic Trading Limited ("Baltic Trading") that vested on July 17, 2015 and were converted into shares of Genco Shipping & Trading Limited ("Genco") pursuant to that certain Agreement and Plan of Merger, dated as of April 7, 2015, as amended, by and among Genco, Baltic Trading, a Marshall Islands corporation and Poseidon Merger Sub Limited, a Marshall Islands corporation and wholly owned subsidiary of Genco ("Merger Sub"), pursuant to which Merger Sub merged with and into Baltic Trading with Baltic Trading surviving the merger as a wholly owned subsidiary of Genco. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.30 to $7.616 (inclusive) on 7/22/15 and from $7.46 to $7.58 (inclusive) on 7/23/15. The reporting person undertakes to provide to Genco, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. /s/ John C. Wobensmith 2015-07-24