0001140361-17-001045.txt : 20170106
0001140361-17-001045.hdr.sgml : 20170106
20170106172842
ACCESSION NUMBER: 0001140361-17-001045
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170104
FILED AS OF DATE: 20170106
DATE AS OF CHANGE: 20170106
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
STATE OF INCORPORATION: 1T
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: 17515221
MAIL ADDRESS:
STREET 1: 35 WEST 56TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019
4
1
form4.xml
FORM 4
X0306
4
2017-01-04
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
true
President and Secretary
Common Stock
2017-01-04
4
C
0
20617
4.85
A
72210
D
Series A Convertible Preferred Stock, par value $0.01 per sh
4.85
2017-01-04
4
C
0
20617
4.85
D
Common Stock
20617
0
D
Warrant
259.1
2015-08-07
2020-08-07
Common Stock
47613
476133
D
Warrant
287.3
2015-08-07
2020-08-07
Common Stock
49340
493402
D
Warrant
341.9
2015-08-07
2020-08-07
Common Stock
74195
741958
D
Warrant
209.9
2014-07-09
2021-07-09
Common Stock
2653
26533
D
On July 7, 2016, the issuer effected a 1-for-10 reverse stock split. The amount of securities beneficially owned and the exercise price of warrants have been adjusted to reflect the reverse stock split
Shares of Series A Convertible Preferred Stock (the "Preferred Shares") automatically, without any action by the holder, convert into shares of the issuer's common stock as of the close of business on the date on which the issuer obtains the approval of its stockholders to issue shares of common stock upon conversion of the Preferred Shares. Such approval and conversion occurred on January 4, 2017.
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
2017-01-06