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4//SEC Filing

OVERSEAS SHIPHOLDING GROUP INC 4

Accession 0001140361-11-058466

CIK 0000075208operating

Filed

Dec 20, 7:00 PM ET

Accepted

Dec 21, 4:14 PM ET

Size

6.3 KB

Accession

0001140361-11-058466

Insider Transaction Report

Form 4
Period: 2011-12-19
ARNTZEN MORTEN
DirectorPresident and CEO
Transactions
  • Tax Payment

    Common Stock, par value $1.00 per share

    2011-12-19$9.18/sh3,104$28,495145,944 total
Holdings
  • Common Stock, par value $1.00 per share

    (indirect: (3))
    4,107
Footnotes (3)
  • [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 3,104 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 19, 2011 vesting of 6,715 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 145,944 shares of common stock, 54,147 shares are subject to vesting restrictions as of December 21, 2011.
  • [F3]The reporting person indirectly holds these shares through the OSG Ship Management, Inc. Savings Plan as of December 21, 2011. He acquired 120 shares since June 7, 2011 through reinvestment of dividends under such Plan.

Documents

1 file

Issuer

OVERSEAS SHIPHOLDING GROUP INC

CIK 0000075208

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0000075208

Filing Metadata

Form type
4
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 4:14 PM ET
Size
6.3 KB