Genco Shipping & Trading Ltd DEFR14A, filed Jun 5, 2020

Genco Shipping & Trading Ltd (GNK)

DEFR14A 2020-06-05

Added on October 21, 2026

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Name	Age	Position
John C. Wobensmith	50	Chief Executive Officer, President, and Secretary
Apostolos Zafolias	41	Chief Financial Officer and Executive Vice President, Finance
Joseph Adamo	58	Chief Accounting Officer, Treasurer, and Controller
Robert Hughes	45	Chief Operations Officer

Name and Principal Position (a)	Year (b)	Salary ($) (c)	Bonus ($)⁽¹⁾ (d)	Stock Awards ($)⁽²⁾ (e)	Option Awards ($)⁽³⁾ (f)	All Other Compensation ($) (i)	Total ($) (j)
John C. Wobensmith Chief Executive Officer and President	2019	$650,000	$685,718	$500,002⁽⁴⁾	$508,108⁽⁶⁾	$39,656⁽⁸⁾	$2,383,484
John C. Wobensmith Chief Executive Officer and President	2018	$650,000	$742,072	$275,005⁽⁵⁾	$496,707⁽⁷⁾	$38,158⁽⁹⁾	$2,201,942
Apostolos D. Zafolias Chief Financial Officer	2019	$325,000	$222,858	$74,998⁽¹⁰⁾	$76,215⁽¹²⁾	$19,656⁽⁸⁾	$718,727
Apostolos D. Zafolias Chief Financial Officer	2018	$300,000	$232,372	$49,996⁽¹¹⁾	$90,313⁽¹³⁾	$19,305⁽⁹⁾	$691,986
Arthur L. Regan Chairman of the Board	2019	$325,000	—	$162,498⁽¹⁴⁾	$165,135⁽¹⁶⁾	$19,656⁽⁸⁾	$672,289
Arthur L. Regan Chairman of the Board	2018	$325,000	—	$112,504⁽¹⁵⁾	$203,201⁽¹⁷⁾	$19,305⁽⁹⁾	$660,010

			By Order of the Board of Directors,

			John C. Wobensmith Chief Executive Officer and President New York, New York June 5, 2020

Outstanding Equity Awards at Fiscal Year End
	Option or Warrant Awards				Stock Awards
Name (a)	Number of Securities Underlying Unexercised Options or Warrants (#) Exercisable (b)	Number of Securities Underlying Unexercised Options or Warrants (#) Unexercisable (c)	Option or Warrant Exercise Price ($) (e)	Option or Warrant Expiration Date (f)	Number of Units that Have Not Vested (#)(i)	Market or Payout Value of Units That Have not Vested ($)(j)⁽¹⁾
John C. Wobensmith	—	135,135⁽²⁾	$8.065	3/4/25	59,595⁽⁶⁾	$632,899
	21,929⁽³⁾	43,860⁽³⁾	$13.365	2/27/24	13,392⁽⁷⁾	$142,223
	133,000⁽⁴⁾	—	$10.805	3/23/23	—	—
	47,613⁽⁵⁾	—	$247.01511	8/7/23	—	—
	49,340⁽⁵⁾	—	$273.89981	8/7/23	—	—
	74,195⁽⁵⁾	—	$325.95317	8/7/23	—	—
Total	326,077	178,995			72,987	$775,122

Apostolos D. Zafolias	—	20,270	$8.065	3/4/25	8,939⁽⁶⁾	$94,932
	3,987⁽³⁾	7,975⁽³⁾	$13.365	2/27/24	2,435⁽⁷⁾	$25,860
	4,070⁽⁵⁾	—	$247.01511	8/7/23	—	—
	4,218⁽⁵⁾	—	$273.89981	8/7/23	—	—
	6,343⁽⁵⁾	—	$325.95317	8/7/23	—	—
Total	18,618	28,245			11,374	$120,792

Arthur L. Regan	—	43,919	$8.065	3/4/25	19,368⁽⁶⁾	$205,688
Arthur L. Regan	8,971	17,943⁽³⁾	$13.365	2/27/24	5,479⁽⁷⁾	$58,187
Total	8,971	61,862			24,847	$263,875

Plan category	Number of securities to be issued upon exercise of outstanding options, warrants and rights (a)	Weighted-average exercise price of outstanding options, warrants and rights (b)	Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) (c)
Equity compensation plans approved by security holders	496,148	$10.11	1,606,734
Equity compensation plans not approved by security holders	855,746	$288.99	—
Total	1,351,894	$186.64	1,606,734

	Shares of Common Stock Beneficially Owned
Name and Address of Beneficial Owner⁽¹⁾	Number	Percentage
John C. Wobensmith	737,066⁽²⁾⁽⁶⁾	1.75%
Apostolos Zafolias	33,953⁽³⁾⁽⁶⁾	*
Joseph Adamo	7,179⁽⁴⁾	*
Robert Hughes	—	—
James G. Dolphin	—⁽⁵⁾⁽⁶⁾	—
Kathleen C. Haines	—⁽⁶⁾⁽⁷⁾
Daniel Y. Han	—	—
Kevin Mahony	—	—
Christoph Majeske	—	—
Basil G. Mavroleon	1,251⁽⁶⁾⁽⁸⁾	*
Arthur L. Regan	43,796⁽⁶⁾⁽⁹⁾	*
Jason Scheir	—	—
Bao D. Truong	—	—
Investment funds affiliated with Centerbridge Partners, L.P.	10,486,622⁽¹⁰⁾	25.09%
Investment funds affiliated with Strategic Value Partners, LLC	8,165,428⁽¹¹⁾	19.53%
Investment funds managed by affiliates of Apollo Global Management, LLC	5,415,812⁽¹²⁾	12.96%
Accounts managed by Evermore Global Advisors, LLC	2,221,798	5.32%
All current directors and executive officers as a group (13 persons)	823,245	1.95%