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
2011-01-10$36.76/sh−86$3,161→ 2,393 total
Holdings
- 446(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 such date by 6 shares (1,520 shares rather than the correct 1,514 shares) and a subtraction error in the Form 4 filed by the Reporting Person filed on December 21, 2010 that overstated the number of shares of common stock the Reporting Person owned as of that date by an additional 4 shares (the reported 2,489 shares should have been 2,479 shares). In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 86 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the January 10, 2011 vesting of 192 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 2,393 shares of Common Stock, 1,779 shares are subject to vesting restrictions as of January 10, 2011.
- [F3]The Reporting Person indirectly owns these 446 shares of Common Stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Ownership Plan as of December 31, 2010.