Gary Vogel - Dec 15, 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 15, 2021
Transactions value $
-$33
Form type
4
Date filed
12/16/2021, 03:50 PM
Previous filing
Dec 14, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGLE Common Stock Options Exercise $1.2M +40K +21.41% $29.96 227K Dec 15, 2021 Direct
transaction EGLE Common Stock Tax liability -$1.2M -30.5K -13.45% $39.28 196K Dec 15, 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 -40K -100% $0.00* 0 Dec 15, 2021 Common Stock 40K $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 $39.28 on December 15, 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.