4//SEC Filing
Gener8 Maritime, Inc. 4
Accession 0001104659-15-084074
CIK 0001443799operating
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 5:01 PM ET
Size
9.2 KB
Accession
0001104659-15-084074
Insider Transaction Report
Form 4
Gonzales Milton H JR
Other
Transactions
- Disposition to Issuer
Restricted Stock Units
2015-12-08−33,273→ 49,910 total→ Common Stock (33,273 underlying) - Award
Common Stock
2015-12-08+33,273→ 33,273 total - Tax Payment
Common Stock
2015-12-08$9.39/sh−12,301$115,506→ 20,972 total
Footnotes (3)
- [F1]Withholding of shares by the Company to satisfy withholding tax obligations upon delivery of shares for vested restricted stock units.
- [F2]Each restricted stock unit represents the right to receive a share of common stock, or in the sole discretion of the Company's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
- [F3]The restricted stock units vest in five equal installments on June 24, 2015, December 1, 2015, December 1, 2016, December 1, 2017 and December 1, 2018 provided that Mr. Gonzales is employed by the Company or one of its subsidiaries through the applicable vesting date. Upon the consummation of the IPO of the Company on June 30, 2015, the installment scheduled to vest on December 1, 2015 immediately vested.
Documents
Issuer
Gener8 Maritime, Inc.
CIK 0001443799
Entity typeoperating
IncorporatedMarshall Islands
Related Parties
1- filerCIK 0001443799
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 5:01 PM ET
- Size
- 9.2 KB