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Filing Details

Accession Number:: 0000950142-23-001790
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-06-23 13:04:15
Reporting Period:: 2023-06-22

Accepted Time:: 2023-06-23 13:04:15
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1322439	Eagle Bulk Shipping Inc.	EGLE	Operators Of Nonresidential Buildings (6512)	A6

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1001085	Brookfield Corp /On/	Brookfield Place, 181 Bay St, Ste 100 Po Box 762 Toronto A6 M5J2T3	No	No	Yes	No
1402746	Oaktree Fund Gp I, L.p.	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
1403530	Oaktree Capital I, L.p.	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1407178	Ocm Holdings I, Llc	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1407181	Oaktree Holdings, Llc	333 South Grand Avenue 28Th Floor Los Angeles CA 90071	No	No	Yes	No
1499005	Oaktree Fund Gp, 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 90771	No	No	Yes	No
1861643	Trust Partners Bam	181 Bay Street Suite 300 Toronto A6 M5J 2T3	No	No	Yes	No

Reported Non-Derivative Transactions

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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")	Disposition	2023-06-22	3,781,561	$58.00	0	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote

Footnotes

On June 22, 2023, OCM Opps EB Holdings Ltd. (the "EB Holdings") entered into a securities purchase agreement (the "Securities Purchase Agreement") with Eagle Bulk Shipping Inc. (the "Company"), pursuant to which the Company agreed to purchase 3,781,561 shares of the Company's common stock, par value $0.1 per share (the "Common Stock") (the "Purchased Shares") from EB Holdings at an aggregate purchase price of $219,330,538.00 (the "Purchase Price"), representing a purchase price of $58.00 per share. The Purchased Shares constitute all of the Common Stock of the Company owned by EB Holdings.
This Form 4 is being filed by EB Holdings with respect to the Common Stock, that may be deemed to be beneficially owned by the Reporting Persons (as defined below) all of which are directly owned by EB Holdings. This Form 4 is also being filed by each of (i) Oaktree Fund GP, LLC ("Fund GP"), in its capacity as the general partner of EB Holdings, (ii) Oaktree Fund GP I, L.P. ("GP I"), in its capacity as the managing member of Fund GP, (iii) Oaktree Capital I, L.P. ("Capital I"), in its capacity as the general partner of GP I, (iv) OCM Holdings I, LLC ("Holdings I"), in its capacity as the general partner of Capital I, (v) Oaktree Holdings, LLC ("Holdings"), in its capacity as the managing member of Holdings I, (vi) Oaktree Capital Group, LLC ("OCG"), in its capacity as the managing member of Holdings, (vii) Oaktree Capital Group Holdings GP, LLC ("OCGH GP"), in its capacity as (cont'd in FN 3)
(cont'd from FN 2) the indirect owner of the class B units of OCG, (viii) Brookfield Corporation ("Brookfield"), in its capacity as the indirect owner of the class A units of OCG and (ix) BAM Partners Trust, in its capacity as the sole owner of Class B Limited Voting Shares of Brookfield ("BAM," and, together with EB Holdings, Fund GP, GP I, Capital I, Holdings I, Holdings, OCG, OCGH GP and Brookfield, the "Reporting Persons" and each a "Reporting Person").
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.
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.