Mozdean Robert R 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Jan 12, 2012
Insider Transaction Report
Form 4
Mozdean Robert R
Head Worldwide Human Resources
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2012-01-10$11.61/sh−185$2,148→ 9,565 total
Holdings
- 1,124(indirect: (4))
Common Stock, par value $1.00 per share
- 196(indirect: (3))
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 185 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the January 10, 2012 vesting of 459 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 9,565 shares of common stock, 4,336 shares are subject to vesting restrictions as of January 12, 2012.
- [F3]The reporting person indirectly owns these 196 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Purchase Plan as of December 31, 2011.
- [F4]The reporting person indirectly owns these 1,124 shares of common stock through the OSG Ship Management, Inc. Savings Plan as of December 31, 2011.