Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 64

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 64
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of

this

annual

report,

Mrs.

Semiramis

Paliou,

our

Chief

Executive

Officer

and

Director,

beneficially owns 24,719,462 shares, or approximately 20.3% of

our outstanding common stock, which is

held indirectly

through entities

over which

she exercises

sole voting

power.

Mrs. Paliou

controls 10,675

shares of

Series C

Preferred Stock,

par value

$0.01 per

share, issued

on January

31, 2019,

and 400

shares

of Series D

Preferred Stock,

issued on

June 22,

2021. The

Series C Preferred

Stock vote

with our common

shares and

each share

of the

Series C

Preferred Stock

entitles the

holder thereof

to 1,000

votes on

all

matters submitted to a vote of the common stockholders of the Issuer.

The Series D Preferred Stock vote

with

the

common

shares of

the

Company,

and

each share

of

the

Series D

Preferred

Stock

entitles the

holder thereof

to up

to 200,000

votes, on

all matters

submitted to

a vote

of the

stockholders of

the Company,

provided however, that

to the extent the

total number of votes one

or more holders of Series

D Preferred

Stock is entitled

to vote (including

any voting power

of such holders

derived from Series

D Preferred

Stock,

shares of

Common Stock

or any

other voting

security of

the Company

issued and

outstanding as

of the

date hereof or

that may be

issued in the

future) on any

matter submitted to

a vote of

stockholders of the

Company

would

exceed

36%

of

the

total

number

of

votes

eligible

to

be

cast

on

such

matter,

the

total

number of

votes that

holders of

Series D

Preferred Stock

may exercise

derived from

the Series

D Preferred

Stock together with

Common Shares and

any other voting

securities of the

Company beneficially owned

by such holder,

shall be reduced to 36% of

the total number of votes entitled to

vote on any matter put to

stockholders of the Company.