4//SEC Filing
O'Halloran Patrick Joseph 4
Accession 0000950170-24-036759
CIK 0000075208other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 9:43 PM ET
Size
32.3 KB
Accession
0000950170-24-036759
Insider Transaction Report
Form 4
O'Halloran Patrick Joseph
VP & Chief Operations Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-03-22−15,908→ 0 total→ Class A Common Stock (15,908 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-22−18,103→ 36,207 total→ Class A Common Stock (18,103 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-22−12,901→ 21,503 total→ Class A Common Stock (12,901 underlying) - Award
Performance Restricted Stock Units
2024-03-22+15,594→ 15,594 total→ Class A Common Stock (15,594 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-22−23,923→ 23,923 total→ Class A Common Stock (23,923 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-22+15,908→ 378,530 total - Exercise/Conversion
Class A Common Stock
2024-03-22+23,923→ 398,579 total - Exercise/Conversion
Class A Common Stock
2024-03-22+18,103→ 409,664 total - Exercise/Conversion
Class A Common Stock
2024-03-22+12,901→ 415,442 total - Award
Performance Restricted Stock Units
2024-03-22+15,594→ 15,594 total→ Class A Common Stock (15,594 underlying) - Award
Restricted Stock Units
2024-03-22+31,188→ 31,188 total→ Class A Common Stock (31,188 underlying) - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−3,874$24,367→ 374,656 total - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−7,018$44,143→ 391,561 total - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−7,123$44,804→ 402,541 total - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−5,077$31,934→ 410,365 total
Footnotes (7)
- [F1]Represents vesting of final installment of restricted stock units granted on March 23, 2021 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management. The units vest as to one-third of the units granted on the first, second and third anniversaries of the date of grant. Each unit represents the right to acquire one share of OSG Class A Common Stock.
- [F2]Represents shares of Class A Common Stock withheld by the registrant in payment of the reporting person's tax withholding liability incurred as a result of the vesting of the Restricted Stock Units and Performance Restricted Stock Units.
- [F3]These restricted stock units were granted on March 24, 2022 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest as to one third of such units on each of the first, second and the third anniversaries of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion.
- [F4]These restricted stock units were granted on March 23, 2023 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest as to one third of such units on each of the first, second and the third anniversaries of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion.
- [F5]Represents vesting of an installment of restricted stock units that were granted on March 24, 2022 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management. The units vest as to 20% of the units granted on the first anniversary, 30% on the second anniversary and 50% on the third anniversary, respectfully, of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion.
- [F6]These restricted stock units were granted on March 22, 2024 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest on December 31, 2026 (the end of the three-year performance period). Each unit represents the right to acquire one share of Class A Common Stock, subject to the satisfaction of the applicable performance goal. Settlement of the vested units may be in either shares of Class A Common Stock or cash, as determined by the Human Resources and Compensation Committee of the Board in its discretion.
- [F7]These restricted stock units were granted on March 22, 2024 pursuant to the Overseas Shipholding Group, Inc. 2019 Incentive Compensation Plan for Management and vest as to one third of such units on each of the first, second and the third anniversaries of the date of grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion.
Documents
Issuer
OVERSEAS SHIPHOLDING GROUP INC
CIK 0000075208
Entity typeother
Related Parties
1- filerCIK 0001693233
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 9:43 PM ET
- Size
- 32.3 KB