0001140361-22-043566.txt : 20221129
0001140361-22-043566.hdr.sgml : 20221129
20221129213053
ACCESSION NUMBER: 0001140361-22-043566
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221128
FILED AS OF DATE: 20221129
DATE AS OF CHANGE: 20221129
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: 221434143
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
X0306
4
2022-11-28
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
74781
D
Restricted Stock Units
Common Stock
12286
12286
D
Restricted Stock Units
Common Stock
9443
9443
D
Option
7.06
2021-02-25
2026-02-25
Common Stock
18727
18727
D
Restricted Stock Units
Common Stock
16666
16666
D
Restricted Stock Units
2022-11-28
4
A
0
334.19
0
D
Common Stock
334.19
6538.13
D
Restricted Stock Units
2022-11-28
4
A
0
261.27
0
D
Common Stock
261.27
5111.57
D
Each restricted stock unit ("RSU") 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 RSUs 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 RSUs 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 vested on May 17, 2017.
These RSUs vested on May 16, 2022.
These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the May 16, 2022 grant date and (ii) the date that is fourteen months after the grant date.
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
2022-11-29