SEC Form 4 · accession 0000902664-15-003045
Eagle Bulk Shipping Inc. · EGLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
GOLDENTREE ASSET MANAGEMENT LP
10% Owner
Steven A. Tananbaum
10% Owner
GoldenTree Asset Management LLC
10% Owner
Period of report
Jul 8, 2015
Accepted (ET)
Jul 10, 2015 · 5:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001322439
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 ("Common Stock")F1,F2,F3 | Jul 8, 2015 | P | 1,940 | $7.48 | A | 5,894,973 | I | See footnotes |
| Common StockF2,F3 | Jul 9, 2015 | P | 200 | $7.52 | A | 5,895,173 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of shares reported on this line previously incorrectly (i) included 26,801 shares of Common Stock held by Mr. Steven A. Tananbaum directly, as reported on the Form 3/A filed by the Reporting Persons on July 10, 2015, (ii) excluded 214 shares of Common Stock, as reported on the Form 3/A filed by the Reporting Persons on July 10, 2015 and (iii) included 25,000 shares of Common Stock, as reported on the Form 4/A filed by the Reporting Persons on July 10, 2015.
- F2The securities to which this filing relates are held directly by certain investment funds and managed accounts managed by GoldenTree Asset Management LP, a Delaware limited partnership (the "Investment Manager"). GoldenTree Asset Management, LLC, a Delaware limited liability company, serves as the general partner of the Investment Manager ("IMGP"). Mr. Steven A. Tananbaum serves as the managing member of IMGP. Mr. Steven A. Tananbaum holds an additional 54,963 shares of Common Stock directly.
- F3The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein.