0001140361-22-008043.txt : 20220304
0001140361-22-008043.hdr.sgml : 20220304
20220304190016
ACCESSION NUMBER: 0001140361-22-008043
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220304
FILED AS OF DATE: 20220304
DATE AS OF CHANGE: 20220304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Adamo Joseph
CENTRAL INDEX KEY: 0001626933
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 22715754
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
2022-03-04
0001326200
GENCO SHIPPING & TRADING LTD
GNK
0001626933
Adamo Joseph
C/O GENCO SHIPPING & TRADING LIMITED
299 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10171
true
Chief Accounting Officer
Common Stock
2022-03-04
4
M
0
596
A
5522
D
Common Stock
2022-03-04
4
S
0
240
20.48
D
5282
D
Restricted Stock Units
Common Stock
7668
7668
D
Restricted Stock Units
Common Stock
672
1346
D
Option
9.91
2022-02-23
2027-02-23
Common Stock
2309
2309
D
Restricted Stock Units
Common Stock
944
945
D
Option
7.06
2021-02-25
2026-02-25
Common Stock
3746
3746
D
Restricted Stock Units
2022-03-04
4
M
0
596
0
D
Common Stock
596
0
D
Option
8.065
2020-03-04
2025-03-04
Common Stock
1352
1352
D
The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting.
These shares were in order to satisfy the reporting person's tax obligations for restricted stock units that settled on March 4, 2022.
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 five anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 23, 2021, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These options generally become exercisable in equal installments on each of the first three anniversaries of February 23, 2021.
These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 25, 2020, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
These restricted stock units generally vest in equal installments on each of the first three anniversaries of March 4, 2019, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019.
/s/ Joseph Adamo
2022-03-04