SEC Info - Danaos Corp. - ‘4’ for 6/20/23 re: Eagle Bulk Shipping Inc.

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0287

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Danaos Corp

2. Issuer Name and Ticker or Trading Symbol
Eagle Bulk Shipping Inc. [EGLE]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director

__X__ 10% Owner

_____ Officer (give title below)

_____ Other (specify below)

(Last)

(First)

(Middle)

C/O DANAOS SHIPPING CO. LTD., 14 AKTI KONDYLI

3. Date of Earliest Transaction (Month/Day/Year)
6/20/23

(Street)

PIRAEUS, J3 185 45

4. If Amendment, Date Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Rule 10b5-1(c) Transaction Indication
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security
(Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

3. Transaction Code
(Instr. 8)

4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)

6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)

7. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

Amount

(A) or (D)

Price

Common Stock, par value $0.01 per share ("Common Stock")

6/20/23

29,062

$45.2217 ⁽¹⁾

1,400,505

Common Stock

6/20/23

15,738

$45.8488 ⁽²⁾

1,416,243

Common Stock

6/22/23

22,160

$47.0353 ⁽³⁾

1,438,403

Common Stock

6/22/23

107,793

$48.0243 ⁽⁴⁾

1,546,196

Common Stock

6/22/23

6,669

$48.4702 ⁽⁵⁾

1,552,865

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address

Relationships

Director

10% Owner

Officer

Other

Danaos Corp
C/O DANAOS SHIPPING CO. LTD.
14 AKTI KONDYLI
PIRAEUS, J3 185 45

Signatures

/s/ Evangelos Chatzis, Chief Financial Officer

6/22/23

^**Signature of Reporting Person

Date

Explanation of Responses:

If the form is filed by more than one reporting person, see Instruction 4(b)(v).

Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

(1)

The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $44.72 to $45.70, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of securities purchased at each separate price within the ranges set forth in footnotes (1), (2), (3), (4) and (5) to this Form 4.

(2)

The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $45.74 to $46.00, inclusive.

(3)

The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $46.44 to $47.43, inclusive.

(4)

The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $47.44 to $48.43, inclusive.

(5)

The price reported in Column 4 is a weighted average price. These securities were purchased in multiple transactions at prices ranging from $48.44 to $48.50, inclusive.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

____________ Transaction Code:
P	Open market or private purchase of non-derivative or derivative security.

Danaos Corp. – ‘4’ for 6/20/23 re: Eagle Bulk Shipping Inc.

On: Thursday, 6/22/23, at 6:01pm ET · For: 6/20/23 · As: 10% Owner · Accession #: 1104659-23-73866 · File #: 1-33831

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Reporting Owners

Signatures

Explanation of Responses:

Danaos Corp. – ‘4’ for 6/20/23 re: Eagle Bulk Shipping Inc.

On: Thursday, 6/22/23, at 6:01pm ET · For: 6/20/23 · As: 10% Owner · Accession #: 1104659-23-73866 · File #: 1-33831

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34Filing Table of Contents

This ‘4’ Document is an XML Data File that may be rendered in various formats:

Reporting Owners

Signatures

Explanation of Responses:

Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34

Filing Table of Contents