4//SEC Filing
OVERSEAS SHIPHOLDING GROUP INC 4
Accession 0001012975-16-001351
CIK 0000075208operating
Filed
Jul 12, 8:00 PM ET
Accepted
Jul 13, 3:41 PM ET
Size
37.2 KB
Accession
0001012975-16-001351
Insider Transaction Report
Form 4
BHR Capital, LLC
10% Owner
Transactions
- Sale
Class A Warrant (right to buy)
2016-03-23$2.15/sh−5,731,649$12,323,045→ 6,648,791 total(indirect: See footnote)Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (6,545,543 underlying) - Sale
Class A Common Stock
2016-03-29$1.93/sh−65,380$126,183→ 2,809,779 total(indirect: See footnote) - Sale
Class A Common Stock
2016-02-25$2.14/sh−7,248$15,511→ 4,999,700 total(indirect: See footnote) - Sale
Class A Common Stock
2016-02-29$2.08/sh−17,500$36,400→ 4,950,048 total(indirect: See footnote) - Sale
Class A Common Stock
2016-03-02$2.08/sh−237,835$494,697→ 4,518,883 total(indirect: See footnote) - Sale
Class A Common Stock
2016-03-29$1.93/sh−4,216$8,137→ 181,204 total(indirect: See footnote) - Sale
Class A Warrant (right to buy)
2016-03-29$2.00/sh−6,664,858$13,329,716→ 0 total(indirect: See footnote)Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (7,611,267 underlying) - Sale
Class A Warrant (right to buy)
2016-03-08$2.32/sh−1,526,637$3,541,798→ 12,380,440 total(indirect: See footnote)Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (1,743,419 underlying) - Sale
Class A Common Stock
2016-03-01$2.07/sh−193,330$400,193→ 4,756,718 total(indirect: See footnote) - Sale
Class A Common Stock
2016-03-29$1.93/sh−46,926$90,567→ 4,410,389 total(indirect: See footnote) - Sale
Class A Warrant (right to buy)
2016-03-23$2.15/sh−504,850$1,085,428→ 0 total(indirect: See footnote)Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (576,538 underlying) - Sale
Class A Common Stock
2016-03-03$2.08/sh−61,568$128,061→ 4,457,315 total(indirect: See footnote) - Other
Class A Common Stock
2015-12-31−37,642→ 5,006,948 total(indirect: See footnote) - Other
Class A Warrant (right to buy)
2015-12-31−104,548→ 13,907,077 total(indirect: See footnote)Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (119,393 underlying) - Sale
Class A Warrant (right to buy)
2016-03-23$2.15/sh−1,163,501$2,501,527→ 6,664,858 total(indirect: See footnote)Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (1,328,718 underlying) - Sale
Class A Common Stock
2016-02-26$2.12/sh−32,152$68,162→ 4,967,548 total(indirect: See footnote)
Holdings
- 16,200,956(indirect: See footnote)
Class A Warrant (right to buy)
Exercise: $0.01Exp: 2039-08-05→ Class A Common Stock (18,501,491 underlying) - 5,832,758(indirect: See footnote)
Class A Common Stock
Footnotes (11)
- [F1]This transaction was a distribution in kind of the reported securities to shareholders upon such shareholders' exercise of their redemption rights.
- [F10]The securities are not currently exercisable due to regulatory restrictions and will not become exercisable until they are held by a U.S. person.
- [F11]The securities are currently exercisable.
- [F2]Reflects a transfer of 523,234 shares of Class A Common Stock and 1,598,651 Class A Warrants from BHR Master to BHR-OSG on September 30, 2015, which was exempt from reporting pursuant to Rule 16a-13.
- [F3]Reflects a stock dividend received from the Issuer on December 15, 2015 in the following amounts: 458,599 for BHR Master; 16,856 for BHR OC Master; 261,378 for BHR OC OSG and 530,250 for BHR-OSG. This receipt of the stock dividend was exempt from reporting pursuant to Rule 16a-9.
- [F4]Reflects a clerical error in the Form 3 filed on July 27, 2015, which reported (i) 5,109,227 shares of Class A Common Stock instead of 5,109,225 shares of Class A Common Stock and (ii) 15,610,274 Class A Warrants instead of 15,610,276 Class A Warrants.
- [F5]The securities are directly held by BHR Master Fund, Ltd. ("BHR Master"). The Reporting Person serves as investment adviser to BHR Master and disclaims pecuniary interest in the reported securities except to the extent of its economic interest.
- [F6]Reflects a clerical error in the Form 3 filed on July 27, 2015, which reported (i) 168,563 shares of Class A Common Stock instead of 168,564 shares of Class A Common Stock and (ii) 504,851 Class A Warrants instead of 504,850 Class A Warrants.
- [F7]The securities are directly held by BHR OC Master Fund, Ltd. ("BHR OC Master"). The Reporting Person serves as investment adviser to BHR OC Master and disclaims pecuniary interest in the reported securities except to the extent of its economic interest.
- [F8]The securities are directly held by BHR OC OSG On-Shore Funding LLC ("BHR OC OSG"). The Reporting Person serves as investment adviser to BHR OC OSG and disclaims pecuniary interest in the reported securities except to the extent of its economic interest.
- [F9]The securities are directly held by BHR-OSG On-Shore Funding LLC ("BHR-OSG"). The Reporting Person serves as managing member to BHR-OSG and disclaims pecuniary interest in the reported securities except to the extent of its economic interest.
Documents
Issuer
OVERSEAS SHIPHOLDING GROUP INC
CIK 0000075208
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000075208
Filing Metadata
- Form type
- 4
- Filed
- Jul 12, 8:00 PM ET
- Accepted
- Jul 13, 3:41 PM ET
- Size
- 37.2 KB