GENCO SHIPPING & TRADING LTD 4
4 · GENCO SHIPPING & TRADING LTD · Filed Jul 21, 2014
Insider Transaction Report
Form 4
GEORGIOPOULOS PETER C
Director10% Owner
Transactions
- Other
Common Stock
2014-07-09−4,290,372→ 0 total - Other
Warrant
2014-07-09+380,127→ 380,127 totalExercise: $20.99From: 2014-07-09Exp: 2021-07-09→ Common Stock (380,127 underlying) - Other
Warrant
2014-07-09+39,304→ 39,304 total(indirect: By LLC)Exercise: $20.99From: 2014-07-09Exp: 2021-07-09→ Common Stock (39,304 underlying) - Other
Common Stock
2014-07-09−443,606→ 0 total(indirect: By LLC)
Footnotes (1)
- [F1]Pursuant to the Issuer's First Amended Prepackaged Plan of Reorganization of the Debtors Pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the Southern District of New York, each share of Issuer common stock outstanding prior to the Issuer's emergence from bankruptcy was canceled on July 9, 2014, and the holders thereof became entitled to receive, on a pro rata basis with the other then-existing holders of the Issuer's outstanding common stock, warrants to purchase shares of the Issuer's new common stock, par value $0.01 per share.