4//SEC Filing
GREENWICH HOLDINGS LTD. 4
Accession 0000919574-22-003002
CIK 0001679049other
Filed
May 3, 8:00 PM ET
Accepted
May 4, 7:41 PM ET
Size
12.9 KB
Accession
0000919574-22-003002
Insider Transaction Report
Form 4
GREENWICH HOLDINGS LTD.
10% Owner
Transactions
- Purchase
Common Stock, no par value
2022-05-02$20.74/sh+131,308$2,723,591→ 8,166,856 total(indirect: See footnotes) - Purchase
Common Stock, no par value
2022-05-04$21.71/sh+100,000$2,171,400→ 8,266,856 total(indirect: See footnotes)
Famatown Finance Ltd
10% Owner
Transactions
- Purchase
Common Stock, no par value
2022-05-02$20.74/sh+131,308$2,723,591→ 8,166,856 total(indirect: See footnotes) - Purchase
Common Stock, no par value
2022-05-04$21.71/sh+100,000$2,171,400→ 8,266,856 total(indirect: See footnotes)
C.K. Ltd
10% Owner
Transactions
- Purchase
Common Stock, no par value
2022-05-02$20.74/sh+131,308$2,723,591→ 8,166,856 total(indirect: See footnotes) - Purchase
Common Stock, no par value
2022-05-04$21.71/sh+100,000$2,171,400→ 8,266,856 total(indirect: See footnotes)
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $20.465 to $21.10. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.57 to $22.28. The reporting person undertakes to provide International Seaways, Inc., any security holder of International Seaways, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth herein.
- [F3]These shares are directly held by Famatown Finance Ltd.
- [F4]C.K. Limited is the trustee of two trusts (the "Trusts") settled by Mr. John Fredriksen. The Trusts indirectly hold all of the shares of Greenwich Holdings Limited and Famatown Finance Limited. Accordingly, C.K. Limited, as trustee, may be deemed to beneficially own the shares of common stock of the Issuer that are beneficially owned by Greenwich Holdings Limited and owned by Famatown Finance Ltd. The beneficiaries of the Trusts are members of Mr. Fredriksen's family. Mr. Fredriksen is neither a beneficiary nor a trustee of either Trust. Therefore, Mr. Fredriksen has no economic interest in such shares of common stock and Mr. Fredriksen disclaims any control over such shares of common stock, save for any indirect influence he may have with C.K. Limited, as the trustee of the Trusts, in his capacity as the settlor of the Trusts.
Documents
Issuer
International Seaways, Inc.
CIK 0001679049
Entity typeother
Related Parties
1- filerCIK 0001386989
Filing Metadata
- Form type
- 4
- Filed
- May 3, 8:00 PM ET
- Accepted
- May 4, 7:41 PM ET
- Size
- 12.9 KB