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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 5/14/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1322439 |
| Issuer Name: Eagle Bulk Shipping Inc. |
| Issuer Trading Symbol: EGLE |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1686767 |
| | Owner Name: De Costanzo Frank |
| Reporting Owner Address: |
| | Owner Street 1: C/O EAGLE BULK SHIPPING INC. |
| | Owner Street 2: 300 FIRST STAMFORD PLACE, 5TH FLOOR |
| | Owner City: STAMFORD |
| | Owner State: CT |
| | Owner ZIP Code: 06902 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Financial Officer |
| | Other Text: |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 5/14/20 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 35,000 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 285,389 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: On May 14, 2020, Eagle Bulk Shipping Inc. (the "Issuer") granted to Mr. Frank De Costanzo, the Issuer's Chief Financial Officer, 35,000 shares of restricted common stock under the Issuer's 2016 equity compensation plan. The shares vest in substantially three equal installments on January 2, 2021, January 2, 2022 and January 2, 2023. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Frank De Costanzo |
| Signature Date: 5/14/20 |
