0001140361-17-038885.txt : 20171017
0001140361-17-038885.hdr.sgml : 20171017
20171017171537
ACCESSION NUMBER: 0001140361-17-038885
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171015
FILED AS OF DATE: 20171017
DATE AS OF CHANGE: 20171017
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: 171141255
MAIL ADDRESS:
STREET 1: 35 WEST 56TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019
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
4
1
form4.xml
FORM 4
X0306
4
2017-10-15
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
CEO, President and Secretary
Common Stock
2017-10-15
4
M
0
97466
A
169676
D
Restricted Stock Units
2017-10-15
4
M
0
97466
0
D
Common Stock
292398
194932
D
Option
11.13
2017-10-15
2023-03-23
Common Stock
133000
133000
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
The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting. Each restricted stock unit represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
These restricted stock units generally vest in equal installments on each of the first three anniversaries of October 15, 2016.
The options become exercisable in equal installments on each of the first three anniversaries of October 15, 2016.
The warrants become exercisable in equal installments on each of the first three anniversaries of August 7, 2014.
/s/ John C. Wobensmith
2017-10-17