0001140361-20-019171.txt : 20200827 0001140361-20-019171.hdr.sgml : 20200827 20200827170032 ACCESSION NUMBER: 0001140361-20-019171 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200825 FILED AS OF DATE: 20200827 DATE AS OF CHANGE: 20200827 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dolphin James G CENTRAL INDEX KEY: 0001417701 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 201143758 MAIL ADDRESS: STREET 1: AMA CAPITAL PARTNERS LLC STREET 2: 405 LEXINGTON AVENUE, 67TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10174 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 2020-08-25 0001326200 GENCO SHIPPING & TRADING LTD GNK 0001417701 Dolphin James G C/O GENCO SHIPPING & TRADING LIMITED 299 PARK AVENUE, 12TH FLOOR NEW YORK NY 10171 true Restricted Stock Units 2020-08-25 4 A 0 1.23 0 A Common Stock 1.23 443.25 D Restricted Stock Units 2020-08-25 4 A 0 3.55 0 A Common Stock 3.55 1277.08 D Restricted Stock Units 2020-08-25 4 A 0 50.79 0 A Common Stock 50.79 18285.13 D Restricted Stock Units 2020-08-25 4 A 0 25.6 0 A Common Stock 25.6 9214.97 D Restricted Stock Units 2020-08-25 4 A 0 14.49 0 A Common Stock 14.49 5218.05 D Restricted Stock Units 2020-08-25 4 A 0 30.05 0 A Common Stock 30.05 10817.91 D Restricted Stock Units 2020-08-25 4 A 0 39.59 0 A Common Stock 39.59 14253.59 D These restricted stock units ("RSUs") vested on July 17, 2015. Each RSU 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 RSU vests. These RSUs vested on May 18, 2016. These RSUs vested on May 17, 2017. These RSUs vested on May 15, 2018. These RSUs vested on May 15, 2019. These RSUs vested on July 15, 2020. These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant. Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to an amendment to the governing RSU agreements dated December 4, 2019. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date. /s/ James G. Dolphin 2020-08-27