0001140361-20-005101.txt : 20200306 0001140361-20-005101.hdr.sgml : 20200306 20200306172021 ACCESSION NUMBER: 0001140361-20-005101 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200304 FILED AS OF DATE: 20200306 DATE AS OF CHANGE: 20200306 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: REGAN ARTHUR L CENTRAL INDEX KEY: 0001332732 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33393 FILM NUMBER: 20695837 MAIL ADDRESS: STREET 1: C/O ARLINGTON TANKERS LTD STREET 2: THE HAYWARD BUILDING 22 BERMUDIANA ROAD CITY: HAMILTON HM 11 STATE: D0 ZIP: -- 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 2020-03-04 0001326200 GENCO SHIPPING & TRADING LTD GNK 0001332732 REGAN ARTHUR L C/O GENCO SHIPPING & TRADING LIMITED 299 PARK AVENUE, 12TH FLOOR NEW YORK NY 10171 true true Interim Executive Chairman Common Stock 2020-03-04 4 M 0 6456 A 11214 D Restricted Stock Units Common Stock 28329 28329 D Option 7.06 2021-02-25 2026-02-25 Common Stock 58180 58180 D Restricted Stock Units 2020-03-04 4 M 0 6456 0 D Common Stock 6456 12912 D Option 8.065 2020-03-04 2025-03-04 Common Stock 43919 43919 D Restricted Stock Units Common Stock 2739 2740 D Option 13.365 2019-02-27 2024-02-27 Common Stock 26914 26914 D Restricted Stock Units Common Stock 16666 16666 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 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. These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 27, 2018, 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 27, 2018. These restricted stock units vested on May 17, 2017. /s/ Arthur L. Regan 2020-03-06