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