BERGLUND MATS 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Dec 21, 2009
Insider Transaction Report
Form 4
BERGLUND MATS
SVP & Head Crude Transp. SBU
Transactions
- Other
Common Stock, par value $1.00 per share
2009-12-17+11→ 1,005 total(indirect: (3)) - Tax Payment
Common Stock, par value $1.00 per share
2009-12-17$43.80/sh−487$21,331→ 19,993 total
Footnotes (3)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 487 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 17, 2009 vesting of 1,297 shares (the "Vested Shares") of the reporting person's restricted stock in payment of the reporting person's tax withholding liability incurred as a result of the vesting of the Vested Shares.
- [F2]Of these 19,993 shares of common stock, 11,737 shares are subject to vesting restrictions as of December 17, 2009.
- [F3]The reporting person indirectly owns these 1,005 shares of common stock through the OSG Ship Management, Inc. Savings Plan.