Basil G. Mavroleon - May 13, 2021 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role: Director
Signature: /s/ Basil G. Mavroleon
Stock symbol: GNK
Transactions as of: May 13, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/14/2021, 07:50 PM
Next filing: May 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	GNK	Common Stock						739	May 13, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GNK	Restricted Stock Units	Award	$0	+5.53K		$0.00	5.53K	May 13, 2021	Common Stock	5.53K		Direct	F2, F8
holding	GNK	Restricted Stock Units						1.28K	May 13, 2021	Common Stock	1.28K		Direct	F1, F2
holding	GNK	Restricted Stock Units						18.4K	May 13, 2021	Common Stock	18.4K		Direct	F2, F3
holding	GNK	Restricted Stock Units						9.26K	May 13, 2021	Common Stock	9.26K		Direct	F2, F4
holding	GNK	Restricted Stock Units						5.24K	May 13, 2021	Common Stock	5.24K		Direct	F2, F5
holding	GNK	Restricted Stock Units						10.9K	May 13, 2021	Common Stock	10.9K		Direct	F2, F6
holding	GNK	Restricted Stock Units						14.3K	May 13, 2021	Common Stock	14.3K		Direct	F2, F7
holding	GNK	Warrant						4.75K	May 13, 2021	Common Stock	510	$192.90	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These restricted stock units ("RSUs") vested on May 18, 2016.
F2	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 RSU vests.
F3	These RSUs vested on May 17, 2017.
F4	These RSUs vested on May 15, 2018.
F5	These RSUs vested on May 15, 2019.
F6	These RSUs vested on July 15, 2020.
F7	These RSUs vested on May 13, 2021.
F8	These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.