0001140361-21-029613.txt : 20210827
0001140361-21-029613.hdr.sgml : 20210827
20210827173031
ACCESSION NUMBER: 0001140361-21-029613
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210825
FILED AS OF DATE: 20210827
DATE AS OF CHANGE: 20210827
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: 211220195
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
2021-08-25
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
Common Stock
29853
D
Restricted Stock Units
Common Stock
18428
18428
D
Restricted Stock Units
Common Stock
18886
18886
D
Option
7.06
2021-02-25
2026-02-25
Common Stock
58180
58180
D
Restricted Stock Units
Common Stock
6456
6456
D
Option
8.065
2020-03-04
2025-03-04
Common Stock
43919
43919
D
Option
13.365
2019-02-27
2024-02-27
Common Stock
26914
26914
D
Restricted Stock Units
Common Stock
16666
16666
D
Restricted Stock Units
2021-08-25
4
A
0
28.67
0
A
Common Stock
28.67
5579.58
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 May 4, 2021, 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 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 options generally became exercisable in equal installments on each of the first three anniversaries of February 27, 2018.
These restricted stock units vested on May 17, 2017.
These RSUs generally vest on the earlier of the date of the annual shareholders' meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.
Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.
/s/ Arthur L. Regan
2021-08-27