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Adamo Joseph's Form 4 filing

Genco Shipping & Trading Ltd (GNK) · filed Feb 25, 2022

Accession no.
0001140361-22-006890
Filed
Feb 25, 2022
Trade date
Feb 23-25, 2022
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions and 3 derivative transactions. Open-market sales total $12.8K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Adamo JosephCIK 0001626933Officer (Chief Accounting Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 25, 2022Common StockMOption exerciseAcquired+672–F1–4,627Direct
Feb 25, 2022Common StockMOption exerciseAcquired+944–F1–5,571Direct
Feb 25, 2022Common StockSSaleDisposed−645$19.78−$12,758.14,926Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 23, 2022Common StockAGrant or awardAcquired+7,668$0.00$07,668Direct
Feb 25, 2022Common StockMOption exerciseDisposed−672$0.00$01,346Direct
Feb 25, 2022Common StockMOption exerciseDisposed−944$0.00$0945Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The Reporting Person became entitled to receive shares of common stock in settlement of restricted stock units upon their vesting.

Referenced by the price of 2 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)