4//SEC Filing
Trueblood Richard 4
Accession 0000950170-24-036761
CIK 0000075208other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 9:45 PM ET
Size
32.3 KB
Accession
0000950170-24-036761
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-22+18,009→ 401,628 total - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−4,386$27,588→ 397,242 total - Exercise/Conversion
Class A Common Stock
2024-03-22+19,612→ 432,644 total - Exercise/Conversion
Class A Common Stock
2024-03-22+13,823→ 438,750 total - Exercise/Conversion
Restricted Stock Units
2024-03-22−25,917→ 25,917 total→ Class A Common Stock (25,917 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-22+25,917→ 423,159 total - Award
Performance Restricted Stock Units
2024-03-22+16,894→ 16,894 total→ Class A Common Stock (16,894 underlying) - Award
Restricted Stock Units
2024-03-22+33,786→ 33,786 total→ Class A Common Stock (33,786 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-22−19,612→ 39,224 total→ Class A Common Stock (39,224 underlying) - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−10,127$63,699→ 413,032 total - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−7,717$48,540→ 424,927 total - Tax Payment
Class A Common Stock
2024-03-22$6.29/sh−5,439$34,211→ 433,311 total - Award
Performance Restricted Stock Units
2024-03-22+16,894→ 16,894 total→ Class A Common Stock (16,894 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-22−18,009→ 0 total→ Class A Common Stock (18,009 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-22−13,823→ 23,039 total→ Class A Common Stock (13,823 underlying)
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 0001712582
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 9:45 PM ET
- Size
- 32.3 KB