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