SMITH JANICE K. 4/A
4/A · OVERSEAS SHIPHOLDING GROUP INC · Filed Feb 4, 2011
Insider Transaction Report
Form 4/AAmended
SMITH JANICE K.
Chief Risk Officer
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2010-12-17$35.48/sh−106$3,761→ 2,479 total
Holdings
- 426(indirect: (3))
Common Stock, par value $1.00 per share
Footnotes (3)
- [F1]This amendment corrects an error in the Form 3 filed by the Reporting Person that overstated the number of shares of common stock that the Reporting Person owned as of the filing date by 6 shares (1,520 shares rather than the correct 1,514 shares) and a subtraction error in this original Form 4 which overstated the number of shares of common stock owned by the Reporting Person on December 17, 2010 by an additional 4 shares of common stock. In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 106 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 17, 2010 vesting of 257 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 2,479 shares of Common Stock, 1,971 shares are subject to vesting restrictions as of December 17, 2010.
- [F3]The Reporting Person indirectly owns these 426 shares of Common Stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Ownership Plan.