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