0001140361-21-018910.txt : 20210526
0001140361-21-018910.hdr.sgml : 20210526
20210526213033
ACCESSION NUMBER: 0001140361-21-018910
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210525
FILED AS OF DATE: 20210526
DATE AS OF CHANGE: 20210526
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MAVROLEON BASIL G
CENTRAL INDEX KEY: 0001333551
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 21968278
MAIL ADDRESS:
STREET 1: 1 GREENWICH OFFICE PARK
CITY: GREENWICH
STATE: CT
ZIP: 06831
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
2021-05-25
0001326200
GENCO SHIPPING & TRADING LTD
GNK
0001333551
MAVROLEON BASIL G
C/O GENCO SHIPPING & TRADING LIMITED
299 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10171
true
Common Stock
739
D
Restricted Stock Units
2021-05-25
4
A
0
4.15
0
A
Common Stock
4.15
1286.95
D
Restricted Stock Units
2021-05-25
4
A
0
59.44
0
A
Common Stock
59.44
18426.49
D
Restricted Stock Units
2021-05-25
4
A
0
29.96
0
A
Common Stock
29.96
9286.22
D
Restricted Stock Units
2021-05-25
4
A
0
16.96
0
A
Common Stock
16.96
5258.38
D
Restricted Stock Units
2021-05-25
4
A
0
35.17
0
A
Common Stock
35.17
10901.55
D
Restricted Stock Units
2021-05-25
4
A
0
46.33
0
A
Common Stock
46.33
14363.78
D
Restricted Stock Units
2021-05-25
4
A
0
17.91
0
A
Common Stock
17.91
5550.91
D
Warrant
192.9003
2014-07-09
2021-07-09
Common Stock
510
4746
D
These restricted stock units ("RSUs") vested on May 18, 2016.
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 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 vested on May 13, 2021.
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 the terms of the governing RSU agreements. 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/ Basil G. Mavroleon
2021-05-26