0001140361-18-011301.txt : 20180301 0001140361-18-011301.hdr.sgml : 20180301 20180301170901 ACCESSION NUMBER: 0001140361-18-011301 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: WOBENSMITH JOHN C CENTRAL INDEX KEY: 0001333673 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 18658758 MAIL ADDRESS: STREET 1: 35 WEST 56TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 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 0001333673 WOBENSMITH JOHN C C/O GENCO SHIPPING & TRADING LIMITED 299 PARK AVENUE, 12TH FLOOR NEW YORK NY 10171 true CEO, President and Secretary Common Stock 169676 D Restricted Stock Units 2018-02-27 4 A 0 20088 0 A Common Stock 20088 20088 D Option 13.69 2018-02-27 4 A 0 65789 0 A 2019-02-27 2024-02-27 Common Stock 65789 65789 D Restricted Stock Units Common Stock 194932 194932 D Option 11.13 2017-10-15 2023-03-23 Common Stock 133000 133000 D Warrant 259.1 2015-08-07 2020-08-07 Common Stock 47613 476133 D Warrant 287.3 2015-08-07 2020-08-07 Common Stock 49340 493402 D Warrant 341.9 2015-08-07 2020-08-07 Common Stock 74195 741958 D Warrant 209.9 2014-07-09 2021-07-09 Common Stock 2653 26533 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. Of the original grant of 292,398 restricted stock units, 97,466 restricted stock units vested on October 15, 2017. The remaining unvested restricted stock units will generally vest in equal installments on October 15, 2018 and 2019, respectively. These options generally become exercisable in equal installments on each of the first three anniversaries of October 15, 2016. These warrants became exercisable in equal installments on each of the first three anniversaries of August 7, 2014. /s/ John C. Wobensmith 2018-03-01