0001140361-23-009010.txt : 20230227
0001140361-23-009010.hdr.sgml : 20230227
20230227210200
ACCESSION NUMBER: 0001140361-23-009010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230223
FILED AS OF DATE: 20230227
DATE AS OF CHANGE: 20230227
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: 23677933
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
X0306
4
2023-02-23
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
2023-02-23
4
M
0
2556
A
9368
D
Common Stock
2023-02-23
4
M
0
673
A
10041
D
Common Stock
2023-02-25
4
M
0
945
A
10986
D
Restricted Stock Units
Common Stock
19293
19293
D
Restricted Stock Units
2023-02-23
4
M
0
2556
0
D
Common Stock
2556
5112
D
Restricted Stock Units
2023-02-23
4
M
0
673
0
D
Common Stock
673
673
D
Option
9.91
2022-02-23
2027-02-23
Common Stock
1540
1540
D
Restricted Stock Units
2023-02-25
4
M
0
945
0
D
Common Stock
945
0
D
Option
7.06
2021-02-25
2026-02-25
Common Stock
1873
1873
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 February 23, 2023, 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, 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 became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
/s/ Joseph Adamo
2023-02-27