|Issuer:||EAGLE BULK SHIPPING INC. (EGLE)|
|Original Submission Date:|
LEAND PAUL M. JR.
C/O EAGLE BULK SHIPPING INC.
300 FIRST STAMFORD PLACE, 5TH FLOOR STAMFORD, CT 06902
|Title of Security||Transaction Date||2a. Deemed Execution Date||Transaction Code||Shares||Acquired or Disposed||Price per share||5. Amount of Securities Beneficially Owned Following Reported Transaction||6. Ownership Form Direct or Indirect||Nature of Indirect Ownership|
|Title of Derivative Security||Conversion or Exercise Price of Derivative Security||Transaction Date||Deemed Execution Date||Transaction Code||Number of Derivative Securities Acquired (A) or Disposed of (D)||Date Exercisable||Expiration Date||Title and Amount of Securities Underlying Derivative Security||Price of Derivative Security||Number of derivative Securities Beneficially Owned Following Reported Transaction(s)||Ownership Form: Direct (D) or Indirect (I)||Nature of Indirect Beneficial Ownership|
|f1||represents a weighted average purchase price per share. these shares were purchased in multiple transactions at prices ranging from $4.09 to $4.20, inclusive. the reporting person undertakes to provide to eagle bulk shipping inc., (the "issuer"), any security holder of the issuer or the staff of the securities and exchange commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes 1 and 2.|
|f2||represents a weighted average purchase price per share. these shares were purchased in multiple transactions at prices ranging from $4.19 to $4.20, inclusive.|