# EDGAR Filing Document

**Accession Number:** 0001652305
**File Stem:** 0001628280-23-007125
**Filing Date:** 2023-3
**Character Count:** 7247
**Document Hash:** 79e030e6bdc57e1c2b05bf75f0837d21
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-23-007125.hdr.sgml**: 20230308

**ACCESSION NUMBER**: 0001628280-23-007125

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230306

**FILED AS OF DATE**: 20230308

**DATE AS OF CHANGE**: 20230308

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Vogel Gary
- **CENTRAL INDEX KEY:** 0001652305

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33831
- **FILM NUMBER:** 23717917

**MAIL ADDRESS:**
- **STREET 1:** C/O EAGLE BULK SHIPPING INC.
- **STREET 2:** 477 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eagle Bulk Shipping Inc.
- **CENTRAL INDEX KEY:** 0001322439
- **STANDARD INDUSTRIAL CLASSIFICATION:** DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
- **IRS NUMBER:** 980453513
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 300 FIRST STAMFORD PLACE
- **STREET 2:** 5TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 203-276-8100

**MAIL ADDRESS:**
- **STREET 1:** 300 FIRST STAMFORD PLACE
- **STREET 2:** 5TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Vogel Gary<br><sub>(Last) (First) (Middle)</sub><br>C/O EAGLE BULK SHIPPING INC.<br>300 FIRST STAMFORD PLACE, 5TH FLOOR<br><sub>(Street)</sub><br>STAMFORD, CT 06902<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-06 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chief Executive Officer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Eagle Bulk Shipping Inc. [ EGLE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-08 |  | M |  | 7218 | A | <sup>(1)</sup> | 149999 | D |  |
| Common Stock | 2023-03-08 |  | F<sup>(2)</sup> |  | 3345 | D | $54.65 | 146654 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(3)</sup> | 2023-03-06 |  | A |  | 8490 |  | <sup>(4)</sup> | <sup>(4)</sup> | Common Stock | 8490.0 | $0 | 8490 | D |  |
| Restricted Stock Units | <sup>(5)</sup> | 2023-03-08 |  | A |  | 21658 |  | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 21658.0 | $0 | 21658 | D |  |
| Restricted Stock Units | <sup>(1)</sup> | 2023-03-08 |  | M |  |  | 7218 | <sup>(1)</sup> | <sup>(1)</sup> | Common Stock | 7218.0 | $0 | 14440 | D |  |

---

### Footnotes:

(1) This award of performance-vested restricted stock units was granted on March 11, 2022 and certain performance criteria was certified as described in footnote (5) below. Following the certification of performance criteria, the award vests in three substantially equal installments on March 8, 2023, January 2, 2024 and January 2, 2025.

(2) Represents the withholding of shares to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units on March 8, 2023.

(3) On March 6, 2023, Eagle Bulk Shipping Inc. (the "Issuer") granted to Gary Vogel, the Issuer's Chief Executive Officer, 8,490 restricted stock units under the Issuer's 2016 Equity Incentive Plan.

(4) The restricted stock units vest in three substantially equal installments on January 2, 2024, January 2, 2025 and January 2, 2026.

(5) On March 8, 2023, the Compensation Committee of the Board of Directors of the Issuer certified that certain performance criteria for the performance-vested restricted stock units granted under the Issuer's 2016 Equity Incentive Plan to Gary Vogel, the Issuer's Chief Executive Officer, on March 11, 2022 had been met and 21,658 restricted stock units may become vested.

**Signature:** /s/ Gary Vogel  
**Date:** 2023-03-08

### Remarks:

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

* 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).

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

**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 Number.**