Edgar Filing: Eagle Bulk Shipping Inc.

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â GOLDENTREE ASSET MANAGEMENT LP

2. Date of Event Requiring Statement (Month/Day/Year)
03/30/2016

3. Issuer Name and Ticker or Trading Symbol
Eagle Bulk Shipping Inc. [EGLE]

(Last)

(First)

(Middle)

300 PARK AVENUE,Â 21ST FLOOR

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Remarks

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10022

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share ("Common Stock")	350,106	I	See footnotes ⁽¹⁾ ⁽²⁾
Common Stock	2,355,821	I	See footnotes ⁽¹⁾ ⁽³⁾
Common Stock	54,963	D ⁽¹⁾ ⁽⁴⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Warrants	10/15/2014	10/15/2021	Common Stock	182	$ 27.82	I	See footnotes ⁽¹⁾ ⁽⁵⁾
Warrants	10/15/2014	10/15/2021	Common Stock	374	$ 27.82	I	See footnotes ⁽¹⁾ ⁽⁶⁾
Warrants	10/15/2014	10/15/2021	Common Stock	2,222	$ 27.82	I	See footnotes ⁽¹⁾ ⁽⁷⁾
Warrants	10/15/2014	10/15/2021	Common Stock	81	$ 27.82	I	See footnotes ⁽¹⁾ ⁽⁸⁾
Warrants	10/15/2014	10/15/2021	Common Stock	363	$ 27.82	I	See footnotes ⁽¹⁾ ⁽⁹⁾
Warrants	10/15/2014	10/15/2021	Common Stock	163	$ 27.82	I	See footnotes ⁽¹⁾ ⁽¹⁰⁾
Warrants	10/15/2014	10/15/2021	Common Stock	83	$ 27.82	I	See footnotes ⁽¹⁾ ⁽¹¹⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
GOLDENTREE ASSET MANAGEMENT LP 300 PARK AVENUE 21ST FLOOR NEW YORK,Â NYÂ 10022	Â	Â X	Â	See Remarks
GoldenTree Asset Management LLC 300 PARK AVENUE 21ST FLOOR NEW YORK,Â NYÂ 10022	Â	Â X	Â	See Remarks
Tananbaum Steven A. 300 PARK AVENUE 21ST FLOOR NEW YORK,Â NYÂ 10022	Â	Â X	Â	See Remarks

Signatures

GoldenTree Asset Management LP, By: GoldenTree Asset Management LLC, its General Partner, By: /s/ Steven A. Tananbaum, its Managing Member		03/31/2016
^**Signature of Reporting Person		Date
GoldenTree Asset Management LLC, By: /s/ Steven A. Tananbaum, its Managing Member		03/31/2016
^**Signature of Reporting Person		Date
/s/ Steven A. Tananbaum		03/31/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	See Exhibit 99.1; footnote (1).
(2)	See Exhibit 99.1; footnote (2).
(3)	See Exhibit 99.1; footnote (3).
(4)	See Exhibit 99.1; footnote (4).
(5)	See Exhibit 99.1; footnote (5).
(6)	See Exhibit 99.1; footnote (6).
(7)	See Exhibit 99.1; footnote (7).
(8)	See Exhibit 99.1; footnote (8).
(9)	See Exhibit 99.1; footnote (9).
(10)	See Exhibit 99.1; footnote (10).
(11)	See Exhibit 99.1; footnote (11).
Â Remarks: ListÂ ofÂ Exhibits: ExhibitÂ 99.1:Â Â ExplanationÂ ofÂ Responses SolelyÂ forÂ purposesÂ ofÂ SectionÂ 16Â ofÂ theÂ ExchangeÂ Act,Â eachÂ ofÂ theÂ AdvisorÂ and,Â byÂ virtueÂ ofÂ theirÂ controlÂ ofÂ theÂ Advisor,Â theÂ GeneralÂ PartnerÂ andÂ StevenÂ A.Â TananbaumÂ mayÂ beÂ deemedÂ toÂ beÂ directors-by-deputizationÂ byÂ virtueÂ ofÂ theÂ contractualÂ rightÂ ofÂ theÂ AdvisorÂ toÂ designateÂ aÂ memberÂ ofÂ theÂ boardÂ ofÂ directorsÂ ofÂ EGLE.Â Â CaseyÂ ShanleyÂ hasÂ beenÂ designatedÂ byÂ theÂ AdvisorÂ toÂ serveÂ asÂ aÂ memberÂ ofÂ EGLE'sÂ boardÂ ofÂ directors.

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