0001140361-23-018728.txt : 20230417
0001140361-23-018728.hdr.sgml : 20230417
20230417184616
ACCESSION NUMBER: 0001140361-23-018728
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230414
FILED AS OF DATE: 20230417
DATE AS OF CHANGE: 20230417
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WOBENSMITH JOHN C
CENTRAL INDEX KEY: 0001333673
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 23825095
MAIL ADDRESS:
STREET 1: 35 WEST 56TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10019
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
X0407
4
2023-04-14
0001326200
GENCO SHIPPING & TRADING LTD
GNK
0001333673
WOBENSMITH JOHN C
C/O GENCO SHIPPING & TRADING LIMITED
299 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10171
true
true
CEO, President, and Secretary
false
Common Stock
431024
D
Restricted Stock Units
2023-04-14
4
A
0
39877
0
A
Common Stock
39877
39877
D
Restricted Stock Units
Common Stock
112540
112540
D
Restricted Stock Units
Common Stock
56236
56236
D
Restricted Stock Units
Common Stock
20182
20182
D
Option
9.91
2022-02-23
2027-02-23
Common Stock
69284
69284
D
Option
7.06
2021-02-25
2026-02-25
Common Stock
168539
168539
D
Option
8.065
2020-03-04
2025-03-04
Common Stock
66205
16691
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 February 23, 2023, 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 five anniversaries of February 23, 2023, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These restricted stock units generally vest in installments of 21.43% per annum on each of the first three anniversaries of February 23, 2022, 17.86% on the fourth such anniversary, and 17.85% on the fifth such anniversary, 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 23, 2021, 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 23, 2021.
These options generally became exercisable in equal installments on each of the first three anniversaries of February 25, 2020.
These options generally became exercisable in equal installments on each of the first three anniversaries of March 4, 2019.
/s/ John C. Wobensmith
2023-04-17