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Filing Details

Accession Number:
0000950142-19-001770
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-13 18:43:00
Reporting Period:
2019-08-09
Accepted Time:
2019-08-13 18:43:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1322439 Eagle Bulk Shipping Inc. EGLE () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
949509 Oaktree Capital Management Lp 333 South Grand Avenue
28Th Floor
Los Angeles CA 90071
No No Yes No
1403382 Oaktree Holdings, Inc. 333 South Grand Avenue
28Th Floor
Los Angeles CA 90071
No No Yes No
1403525 Oaktree Capital Group Holdings Gp, Llc 333 South Grand Avenue
28Th Floor
Los Angeles CA 90071
No No Yes No
1403528 Oaktree Capital Group, Llc 333 South Grand Avenue
28Th Floor
Los Angeles CA 90071
No No Yes No
1623261 Ltd. Holdings Eb Opps Ocm 333 South Grand Avenue
28Th Floor
Los Angeles CA 90071
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share ("common Stock") Acquisiton 2019-08-09 100,000 $4.00 29,334,083 No 4 P Indirect See Footnote
Common Stock Acquisiton 2019-08-12 20,899 $4.03 29,354,982 No 4 P Indirect See Footnote
Common Stock Acquisiton 2019-08-13 189,157 $4.33 29,544,139 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
No 4 P Indirect See Footnote
Footnotes
  1. The price in column 4 is a weighted average price. On August 9, 2019, 100,000 shares were purchased in multiple transactions, at prices ranging from $3.90 to $4.02, inclusive. On August 12, 2019, 20,899 shares wer purchases in multiple transactions, at prices ranging from $3.99 to $4.02, inclusive. On August 13, 2019, 189,157 shares were purchased in multiple transactions, at prices ranging from $4.10 to $4.39, inclusive.
  2. This Form 4 is being filed by OCM Opps EB Holdings, Ltd ("EB Holdings") with respect to (i) the 29,544,139 shares of the Issuer's common stock, par value 0.01 per share ("Common Stock"), that may be deemed to be beneficially owned by the Reporting Persons (as defined below) and (ii) the 364 warrants exercisable for shares of Common Stock (the "Warrants"), all of which are directly owned by EB Holdings. This Form 4 is also being filed by each of (i) Oaktree Capital Management, L.P. ("Management") as the sole director of EBHoldings; (ii) Oaktree Holdings, Inc. ("Holdings, Inc.") as the general partner of Management; (iii) Oaktree Capital Group, LLC ("OCG") asthe sole shareholder of Holdings, Inc.; and (iv) Oaktree Capital Group Holdings GP, LLC ("OCGH GP", and, together with EB Holdings,Management, Holdings, Inc. and OCG, the "Reporting Persons" and each a "Reporting Person") as the duly elected manager of OCG.
  3. Each Reporting Person disclaims beneficial ownership of the Common Stock reported herein except to the extent of their respective pecuniary interest therein and the filing of this Form 4 shall not be construed as an admission that any such Reporting Person is the beneficial owner of any Common Stock covered by this Form 4.
  4. The members of OCGH GP are Howard S. Marks, Bruce A. Karsh, Jay S. Wintrob, John B. Frank and Sheldon M. Stone, who, by virtue of their membership interests in OCGH GP, may be deemed to share voting and dispositive power with respect to the shares of Common Stock held by EB Holdings. Each of the general partners, managing members, directors and managers described above disclaims beneficial ownership of any shares of common stock beneficially or of record owned by the Reporting Persons, except to the extent of any pecuniary interest therein.
  5. Common Stock held directly by EB Holdings.
  6. As the result of a clerical error, Forms 4 previously filed with the Securities and Exchange Commission over-reported the number of shares beneficially owned in column 5. The clerical error is corrected on this Form 4.