0001140361-18-011311.txt : 20180301 0001140361-18-011311.hdr.sgml : 20180301 20180301171551 ACCESSION NUMBER: 0001140361-18-011311 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180227 FILED AS OF DATE: 20180301 DATE AS OF CHANGE: 20180301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zafolias Apostolos CENTRAL INDEX KEY: 0001626935 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 18658907 MAIL ADDRESS: STREET 1: GENCO SHIPPING & TRADING STREET 2: 299 PARK AVENUE, 12TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10171 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 2018-02-27 0001326200 GENCO SHIPPING & TRADING LTD GNK 0001626935 Zafolias Apostolos C/O GENCO SHIPPING & TRADING LIMITED 299 PARK AVENUE, 12TH FLOOR NEW YORK NY 10171 true Chief Financial Officer Common Stock 15953 D Restricted Stock Units 2018-02-27 4 A 0 3652 0 A Common Stock 3652 3652 D Option 13.69 2018-02-27 4 A 0 11962 0 A 2019-02-27 2024-02-27 Common Stock 11962 11962 D Warrant 259.1 2015-08-07 2020-08-07 Common Stock 4070 40709 D Warrant 287.3 2015-08-07 2020-08-07 Common Stock 4218 42186 D Warrant 341.9 2015-08-07 2020-08-07 Common Stock 6343 63437 D Warrant 209.9 2014-07-09 2021-07-09 Common Stock 1902 190 D 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 February 27, 2018. These options generally become exercisable in equal installments on each of the first three anniversaries of February 27, 2018. 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. These warrants became exercisable in equal installments on each of the first three anniversaries of August 7, 2014. /s/ Apostolos Zafolias 2018-03-01