Gary Vogel - Feb 10, 2022 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
Feb 10, 2022
Transactions value $
-$67,143
Form type
4
Date filed
2/14/2022, 03:16 PM
Previous filing
Feb 3, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGLE Common Stock Options Exercise $389K +10K +5.38% $38.92 196K Feb 10, 2022 Direct
transaction EGLE Common Stock Tax liability -$389K -7.34K -3.75% $53.02 189K Feb 10, 2022 Direct F1
transaction EGLE Common Stock Tax liability -$67.1K -1.27K -0.67% $53.02 187K Feb 10, 2022 Direct F2

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 Option (right to buy) Options Exercise $0 -10K -50% $0.00 10K Feb 10, 2022 Common Stock 10K $38.92 Direct F3
* 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 $53.02 on February 10, 2022.
F2 Represents the shares of common stock withheld to satisfy the tax obligations upon exercise of option to purchase common stock based on the closing share price of $53.02 on February 10, 2022.
F3 The option, representing a right to purchase a total of 33,928 shares of common stock, became exercisable in four substantially equal installments on March 1, 2018, March 1, 2019, March 1, 2020 and March 1, 2021.