4//SEC Filing
OVERSEAS SHIPHOLDING GROUP INC 4
Accession 0001140361-11-002463
CIK 0000075208operating
Filed
Jan 10, 7:00 PM ET
Accepted
Jan 11, 6:53 PM ET
Size
10.6 KB
Accession
0001140361-11-002463
Insider Transaction Report
Form 4
JOHNSTON ROBERT E
SVP & Head of US Flag Bus.Unit
Transactions
- Other
Common Stock, par value $1.00 per share
2010-12-31+41→ 19,705 total - Other
Common Stock, par value $1.00 per share
2010-12-31+3→ 56 total(indirect: (3)) - Tax Payment
Common Stock, par value $1.00 per share
2011-01-10$36.76/sh−719$26,430→ 19,664 total
Holdings
- 4,457(indirect: (4))
Common Stock, par value $1.00 per share
Footnotes (4)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 719 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the January 10, 2011 vesting of 2,345 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]These 41 shares of common stock were acquired during 2010 pursuant to a dividend reinvestment plan which provides for a broad based participation, does not discriminate in favor of employees of Overseas Shipholding Group, Inc. and operates on substantially the same terms for the plan participants. Of these 19,705 shares of common stock, 5,213 shares are subject to vesting restrictions as of January 10, 2011.
- [F3]These 3 shares of common stock were acquired during 2010 pursuant to a dividend reinvestment plan similar to the plan described in Note 2. The 56 shares are held in an individual retirement account ("IRA"). The reporting person is a co-trustee of the IRA and has a 50% interest in the assets of the IRA, including the 56 shares.
- [F4]The reporting person indirectly owns these 4,457 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Purchase Plan as of December 31, 2010.
Documents
Issuer
OVERSEAS SHIPHOLDING GROUP INC
CIK 0000075208
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000075208
Filing Metadata
- Form type
- 4
- Filed
- Jan 10, 7:00 PM ET
- Accepted
- Jan 11, 6:53 PM ET
- Size
- 10.6 KB