0001140361-15-031182.txt : 20150811 0001140361-15-031182.hdr.sgml : 20150811 20150811210129 ACCESSION NUMBER: 0001140361-15-031182 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150807 FILED AS OF DATE: 20150811 DATE AS OF CHANGE: 20150811 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: 151045370 MAIL ADDRESS: STREET 1: 35 WEST 56TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 4 1 doc1.xml FORM 4 X0306 4 2015-08-07 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 2015-08-07 4 S 0 7300 7.1839 D 340093 D Common Stock 2015-08-10 4 S 0 2614 7.2529 D 337479 D Common Stock 2015-08-11 4 S 0 8435 7.14 D 329044 D Warrant 25.91 2015-08-07 2020-08-07 Common Stock 476133 0 D Warrant 28.73 2015-08-07 2020-08-07 Common Stock 493402 0 D Warrant 34.19 2015-08-07 2020-08-07 Common Stock 741958 0 D Warrant 20.99 2014-07-09 2021-07-09 Common Stock 26533 0 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 that vested on August 7, 2015. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.11 to $7.27 (inclusive) on August 7, 2015, from $7.16 to $7.36 (inclusive) on August 10, 2015, and from $7.09 to $7.29 (inclusive) on August 11, 2015. The reporting person undertakes to provide to Genco Shipping & Trading Limited, 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. These warrants to purchase shares of common stock of the issuer were issued pursuant to the issuer's 2014 Management Incentive Plan. The warrants will become exercisable in equal installments on each of the first three anniversaries of August 7, 2014. /s/ John C. Wobensmith 2015-08-11