0001140361-24-010853.txt : 20240301
0001140361-24-010853.hdr.sgml : 20240301
20240301190045
ACCESSION NUMBER: 0001140361-24-010853
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240229
FILED AS OF DATE: 20240301
DATE AS OF CHANGE: 20240301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Adamo Joseph
CENTRAL INDEX KEY: 0001626933
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33393
FILM NUMBER: 24712269
MAIL ADDRESS:
STREET 1: GENCO SHIPPING & TRADING
STREET 2: 299 PARK AVENUE, 12TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10171
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GENCO SHIPPING & TRADING LTD
CENTRAL INDEX KEY: 0001326200
STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
ORGANIZATION NAME: 01 Energy & Transportation
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
X0508
4
2024-02-29
0001326200
GENCO SHIPPING & TRADING LTD
GNK
0001626933
Adamo Joseph
C/O GENCO SHIPPING & TRADING LIMITED
299 PARK AVENUE, 12TH FLOOR
NEW YORK
NY
10171
true
Chief Accounting Officer
false
Common Stock
2024-02-29
4
M
0
1540
9.91
A
18742
D
Common Stock
2024-02-29
4
S
0
748
20.4
D
17994
D
Common Stock
2024-02-29
4
M
0
1873
7.06
A
19867
D
Common Stock
2024-02-29
4
S
0
648
20.4
D
19219
D
Restricted Stock Units
Common Stock
6879
6879
D
Restricted Stock Units
Common Stock
2556
5113
D
Restricted Stock Units
Common Stock
6431
12862
D
Restricted Stock Units
Common Stock
2556
2556
D
Option
9.91
2024-02-29
4
D
0
1540
0
D
2022-02-23
2027-02-23
Common Stock
1540
0
D
Option
7.06
2024-02-29
4
D
0
1873
0
D
2021-02-25
2026-02-25
Common Stock
1873
0
D
Represents shares withheld by the issuer for the cashless exercise of options for 1,540 shares of the issuer's common stock.
Represents shares withheld by the issuer for the cashless exercise of options for 1,873 shares of the issuer's common stock.
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, 2024, 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, 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 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 three anniversaries of February 23, 2022, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
These options generally became 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.
/s/ Joseph Adamo
2024-03-01