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