| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GNK | Common Stock | Options Exercise | $360K | +26.9K | +51.86% | $13.37 | 78.8K | Aug 22, 2022 | Direct | |
| transaction | GNK | Common Stock | Sale | -$360K | -23K | -29.16% | $15.65 | 55.8K | Aug 22, 2022 | Direct | F1 |
| transaction | GNK | Common Stock | Options Exercise | $354K | +43.9K | +78.67% | $8.07 | 99.7K | Aug 22, 2022 | Direct | |
| transaction | GNK | Common Stock | Sale | -$354K | -22.6K | -22.69% | $15.65 | 77.1K | Aug 22, 2022 | Direct | F2 |
| transaction | GNK | Common Stock | Options Exercise | $264K | +37.5K | +48.57% | $7.06 | 115K | Aug 22, 2022 | Direct | |
| transaction | GNK | Common Stock | Sale | -$264K | -16.9K | -14.75% | $15.65 | 97.7K | Aug 22, 2022 | Direct | F3 |
| transaction | GNK | Common Stock | Sale | -$362K | -22.9K | -23.43% | $15.82 | 74.8K | Aug 23, 2022 | Direct | F4, F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GNK | Option | Options Exercise | $0 | -37.5K | -66.67% | $0.00 | 18.7K | Aug 22, 2022 | Common Stock | 58.2K | $7.06 | Direct | F9 |
| transaction | GNK | Option | Options Exercise | $0 | -43.9K | -100% | $0.00* | 0 | Aug 22, 2022 | Common Stock | 43.9K | $8.07 | Direct | F10 |
| transaction | GNK | Option | Options Exercise | $0 | -26.9K | -100% | $0.00* | 0 | Aug 22, 2022 | Common Stock | 26.9K | $13.37 | Direct | F11 |
| transaction | GNK | Restricted Stock Units | Award | $0 | -190 | -2.97% | $0.00 | 6.2K | Aug 23, 2022 | Common Stock | 190 | Direct | F6, F13, F15 | |
| transaction | GNK | Restricted Stock Units | Award | $0 | -149 | -2.97% | $0.00 | 4.85K | Aug 23, 2022 | Common Stock | 149 | Direct | F1, F14, F15 | |
| holding | GNK | Restricted Stock Units | 12.3K | Aug 22, 2022 | Common Stock | 12.3K | Direct | F6, F7 | ||||||
| holding | GNK | Restricted Stock Units | 9.44K | Aug 22, 2022 | Common Stock | 9.44K | Direct | F6, F8 | ||||||
| holding | GNK | Restricted Stock Units | 16.7K | Aug 22, 2022 | Common Stock | 16.7K | Direct | F6, F12 |
| Id | Content |
|---|---|
| F1 | Represents shares withheld by the issuer for the cashless exercise of options having an exercise price of $13.365 per share for 26,914 shares of the issuer's common stock. |
| F2 | Represents shares withheld by the issuer for the cashless exercise of options having an exercise price of $8.065 per share for 43,919 shares of the issuer's common stock. |
| F3 | Represents shares withheld by the issuer for the cashless exercise of options having an exercise price of $7.06 per share for 37,453 shares of the issuer's common stock. |
| F4 | These shares were sold in order to satisfy the reporting person's tax obligations in respect of shares of the issuer's common stock received upon the exercise of options as noted above. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.68 to $15.975 (inclusive) on August 23, 2022. The reporting person undertakes to provide to Genco Shipping & Trading Limited, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote |
| F6 | Each restricted stock unit ("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. |
| F7 | 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. |
| F8 | 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. |
| F9 | These options generally become exercisable in equal installments on each of the first three anniversaries of February 25, 2020. |
| F10 | These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019. |
| F11 | These options generally became exercisable in equal installments on each of the first three anniversaries of February 27, 2018. |
| F12 | These restricted stock units vested on May 17, 2017. |
| F13 | These RSUs vested on May 16, 2022. |
| F14 | 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. |
| F15 | Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date. |