0001140361-23-009006.txt : 20230227
0001140361-23-009006.hdr.sgml : 20230227
20230227210138
ACCESSION NUMBER: 0001140361-23-009006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230225
FILED AS OF DATE: 20230227
DATE AS OF CHANGE: 20230227
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: 23677929
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
2023-02-25
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
2023-02-25
4
M
0
9443
A
84224
D
Restricted Stock Units
Common Stock
12286
12286
D
Restricted Stock Units
2023-02-25
4
M
0
9443
0
D
Common Stock
9443
0
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
Common Stock
6538.13
6538.13
D
Restricted Stock Units
Common Stock
5111.57
5111.57
D
The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units ("RSUs") upon their vesting.
Each 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 RSUs 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.
/s/ Arthur L. Regan
2023-02-27