Common Stock | ||||||||||||||||||||
Common Stock Beneficially | Number of Shares | Beneficially Owned | ||||||||||||||||||
Owned Before the Offering | Offered by Selling | After the Offering | ||||||||||||||||||
Selling security holder(1) | Number | Percent(2) | Shareholders(3) | Number(4) | Percent(2) | |||||||||||||||
Georgios Koutsolioutsos(5) |
28,224,029 | (6)(7)(9) | 79.12 | % | 9,037,000 | 9,411,161 | 32.51 | % | ||||||||||||
Alexios Komninos(5) |
22,339,246 | (6)(9) | 74.89 | % | 1,183,417 | 9,372,461 | 32.38 | % | ||||||||||||
Ioannis Tsigkounakis(5) |
21,858,745 | (6)(9) | 74.48 | % | 537,916 | 9,372,461 | 32.38 | % | ||||||||||||
United Capital
Investments Corp.(9)(10) |
25,866,038 | (6)(8)(9) | 81.41 | % | 4,443,769 | 10,953,586 | 36.79 | % | ||||||||||||
Atrion Shipholding
S.A.(9)(10) |
24,581,287 | (6)(9) | 79.42 | % | 4,443,769 | 10,493,336 | 36.25 | % | ||||||||||||
Plaza Shipholding
Corp.(9)(10) |
24,714,881 | (6)(8)(9) | 79.86 | % | 4,443,769 | 10,626,929 | 36.71 | % | ||||||||||||
Comet Shipholding
Inc.(9)(10) |
24,581,578 | (6)(9) | 79.43 | % | 4,443,769 | 10,493,627 | 36.15 | % |
* | Less than 1%. | |
(1) | Unless otherwise indicated, the business address of each of the shareholders is 1-3 Patriarchou Grigoriou, 166 74 Glyfada, Athens, Greece. | |
(2) | Based on 28,947,095 shares of our common stock issued and outstanding as of the date of this prospectus supplement. For purposes of calculating the percentage ownership, any shares that each selling security holder has the right to acquire within 60 days under warrants or options have been included in the total number of shares outstanding for that person, in accordance with Rule 13d-3 under the Exchange Act. | |
(3) | Includes shares issuable upon meeting certain EBITDA targets. Does not include shares beneficially owned by other selling security holders listed herein, which shares are being offered for sale by such selling security holder. | |
(4) | Assumes that the selling security holders sell all of their shares of common stock beneficially owned by each selling security holder, as well as each other selling security holder that is a party to the voting agreement and that is listed as a selling security holder and offered hereby. | |
(5) | Includes 6,727,000, 880,927, and 400,416 shares of our common stock for Mr. Koutsolioutsos, Mr. Komninos and Mr. Tsigkounakis, respectively, issuable upon exercise of warrants, which became exercisable on September 24, 2008. | |
(6) | Includes an aggregate of 21,458,329 shares of our common stock owned by the Restis affiliated shareholders, United Capital Investments, Atrion, Plaza and Comet, and our founding shareholders, which are subject to a voting agreement, as amended. | |
(7) | Includes 38,700 shares of our common stock purchased on August 29, 2008, as to which Mr. Koutsolioutsos has sole voting power. | |
(8) | Includes 70,000 shares of our common stock owned by Argonaut SPC, a fund managed by Oxygen Capital AEPEY an entity affiliated with Victor Restis and Katia Restis. | |
(9) | On May 20, 2008, each of United Capital Investments, Atrion, Plaza and Comet, each of which is controlled by Victor Restis, Bella Restis, Katia Restis and Claudia Restis, respectively, purchased a beneficial interest in 687,500 shares of Seanergy Maritime Corp.s common stock (for an aggregate of 2,750,000) from Messrs. Panagiotis and Simon Zafet, each of whom was a former officer and director of Seanergy Maritime Corp. These shares were subject to the same restrictions as the founding shares issued to Seanergy Maritime Corps founding shareholders. On August 28, 2009, the restrictions on all of the founding shares owned by the founding shareholders and each of United Capital Investments, Atrion, Plaza and Comet lapsed pursuant to the terms of the escrow agreement. Does not include up to an aggregate of 4,308,075 shares of our common stock issuable to these entities if we achieve certain definitive predetermined criteria described in the prospectus. Each of United Capital Investments Corp., Atrion Shipholding S.A., Plaza Shipholding Corp. and Comet Shipholding Inc. is an affiliate of members of the Restis family. The address of each of United Capital Investments Corp., Atrion Shipholding S.A., Plaza Shipholding Corp. and Comet Shipholding Inc., is c/o 11 Poseidonos Avenue, 16777 Elliniko, Athens, Greece, Attn: Evan Breibart. | |
(10) | Includes 2,826,584, 2,002,083, 2,002,084, and 2,081,133 shares of our common stock for United Capital Investments, Atrion, Plaza and Comet, respectively, in connection with the exercise of the Warrants, which became exercisable on September 24, 2008. |
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| United Capital Investments Corp. is controlled by Victor Restis. | ||
| Atrion Shipholdings S.A. is controlled by Bella Restis. | ||
| Plaza Shipholding Corp. is controlled by Katia Restis. | ||
| Comet Shipholding Inc. is controlled by Claudia Restis. |
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