Eagle Bulk Shipping (EGLE) CEO Vogel returned to the company 140,360 shares

Insider transactions reported

Gary Vogel (Chief Executive Officer at Eagle Bulk Shipping Inc., EGLE) reported that they returned to the company 140,360 shares on Apr 9, 2024. After these transactions the filing shows 0 shares held directly.

Reporting person

Vogel Gary

Role

Chief Executive Officer

Options and other derivatives

Holdings before and after

• Common Stock: 140,360 to 0 direct
• Restricted Stock Units: 3,100 to 0 direct

Footnotes from the filing

1. 1. This award of restricted shares of common stock and performance-based restricted shares of common stock was granted on September 3, 2021 and certain performance criteria were certified on March 11, 2022. The unvested restricted shares of common stock subject to this award were cancelled and converted into 28,433 restricted common shares of Star Bulk Carriers Corp. ( Star Bulk ) in connection with the closing of the merger of Eagle Bulk Shipping Inc. (the Issuer ) and Star Bulk pursuant to that certain Agreement and Plan of Merger dated December 11, 2023, by and among the Issuer, Star Bulk and Star Infinity Corp. (the Merger Agreement ).
2. 2. Disposed of in exchange for 339,466 common shares of Star Bulk and cash in lieu of fractional shares in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.
3. 3. This award was granted on March 11, 2022. The unvested restricted stock units subject to this award were cancelled and converted into 8,126 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.
4. 4. This award of performance-based restricted stock units was granted on March 11, 2022 and certain performance criteria were certified on March 8, 2023. The unvested restricted stock units subject to this award were cancelled and converted into 18,925 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.
5. 5. This award was granted on November 15, 2022. The unvested restricted stock units subject to this award were cancelled and converted into 99,720 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.
6. 6. On April 9, 2024, in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement, certain performance criteria for the performance-based restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Gary Vogel, the Issuer's Chief Executive Officer, on November 15, 2022 had been met and 38,045 restricted stock units may become vested.
7. 7. This award of performance-vested restricted stock units was granted on November 15, 2022 and certain performance criteria were met on April 9, 2024. The unvested restricted stock units subject to this award were cancelled and converted into 99,720 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.
8. 9. This award of performance-based restricted stock units was granted on March 6, 2023 and certain performance criteria were certified on February 24, 2024. The unvested restricted stock units subject to this award were cancelled and converted into 13,460 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.
9. 10. On April 9, 2024, in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement, certain performance criteria for the performance-based restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Gary Vogel, the Issuer's Chief Executive Officer, on March 6, 2023 had been met and 4,245 restricted stock units may become vested.
10. 11. This award of performance-based restricted stock units was granted on March 6, 2023 and certain performance criteria were met on April 9, 2024. The unvested restricted stock units subject to this award were cancelled and converted into 11,127 restricted stock units of Star Bulk in connection with the closing of the merger of the Issuer and Star Bulk pursuant to the Merger Agreement.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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