MERKIN SOLOMON N 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Nov 30, 2011
Insider Transaction Report
Form 4
MERKIN SOLOMON N
Director
Transactions
- Purchase
Stock Option (right to buy)
2011-11-29$3.30/sh+400$1,320→ 400 totalExercise: $10.00Exp: 2014-01-17→ Common Stock (400 underlying)
Footnotes (5)
- [F1]The exercise price of the stock options is $10 per share of common stock of the Issuer.
- [F2]The Reporting Person purchased 4 contracts representing options to purchase 100 shares of common stock of the Issuer per contract, constituting options to purchase a total of 400 shares of common stock of the Issuer.
- [F3]Options are exercisable at any time through the Expiration Date.
- [F4]The purchase price is $3.30 per option share, which is $330 for each contract to purchase 100 shares of common stock of the Issuer.
- [F5]The Reporting Person owns options to acquire 400 shares of common stock of the Issuer, represented by four contracts to purchase 100 shares per contract.