Gary Vogel - Dec 10, 2021 Form 4 Insider Report for Eagle Bulk Shipping Inc. (EGLE)

Role
Chief Executive Officer, Director
Signature
/s/ Gary Vogel
Stock symbol
EGLE
Transactions as of
Dec 10, 2021
Transactions value $
-$26
Form type
4
Date filed
12/14/2021, 04:06 PM
Previous filing
Dec 6, 2021
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGLE Common Stock Options Exercise $1.05M +35K +19.77% $29.96 212K Dec 10, 2021 Direct
transaction EGLE Common Stock Tax liability -$1.05M -25.3K -11.91% $41.51 187K Dec 10, 2021 Direct F1

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 EGLE Employee Stock Option (right to buy) Options Exercise $0 -35K -46.67% $0.00 40K Dec 10, 2021 Common Stock 35K $29.96 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the shares of common stock withheld to satisfy the exercise price for the option to purchase common stock based on the closing share price of $41.51 on December 10, 2021.
F2 The option, representing a right to purchase a total of 180,925 shares of common stock, became exercisable in four substantially equal installments on January 1, 2017, September 1, 2017, September 1, 2018 and September 1, 2019.