BERGLUND MATS 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Jan 20, 2010
Insider Transaction Report
Form 4
BERGLUND MATS
SVP & Head Crude Transp. SBU
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2010-01-19$50.42/sh−416$20,975→ 18,495 total
Holdings
- 1,005(indirect: (3))
Common Stock, par value $1.00 per share
Footnotes (3)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan,as amended, these 416 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the January 19, 2010 vesting of 1,147 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 18,495 shares of common stock, 7,854 shares are subject to vesting restrictions as of January 19, 2010.
- [F3]The reporting person indirectly owns these 1,005 shares of common stock through the OSG Ship Management, Inc. Savings Plan.