OVERSEAS SHIPHOLDING GROUP INC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Dec 21, 2010
Insider Transaction Report
Form 4
ARNTZEN MORTEN
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2010-12-17$35.48/sh−3,105$110,165→ 142,589 total
Footnotes (2)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 3,105 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 17, 2010 vesting of 6,716 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 142,589 shares of common stock, 62,926 shares are subject to vesting restrictions as of December 17, 2010.