LaMONTE MARC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Jan 13, 2010
Insider Transaction Report
Form 4
LaMONTE MARC
Head of Gas SBU
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2010-01-11$51.39/sh−273$14,029→ 6,528 total
Footnotes (2)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, as amended, these 273 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the January 11, 2010 vesting of 623 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 6,528 shares of common stock, 4,103 shares are subject to vesting restrictions as of January 11, 2010.