February 24, 2024 · Form 4 insider transaction
Tsoutsoplides Constantine bought 2,968 shares of Eagle Bulk Shipping Inc Common Stock at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
On February 24, 2024, the Compensation Committee of the Board of Directors of the Issuer certified that certain performance criteria for certain performance-vested restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Constantine Tsoutsoplides, the Issuer's Chief Financial Officer, on April 1, 2023 had been met and 2,968 restricted stock units may become vested.; This award of performance-vested restricted stock units was granted on April 1, 2023 and certain performance criteria was certified as described in footnote (3) below. Following the certification of performance criteria, the award vests in three substantially equal installments on February 24, 2024, January 2, 2025 and January 2, 2026.