OVERSEAS SHIPHOLDING GROUP INC 4/A
4/A · OVERSEAS SHIPHOLDING GROUP INC · Filed Feb 27, 2012
Insider Transaction Report
Form 4/AAmended
ITKIN MYLES R
Exec. VP, Treasurer and CFO
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2009-12-17$43.80/sh−538$23,564→ 22,916 total
Footnotes (2)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, these 538 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 17, 2009 vesting of 1,297 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 22,916 shares of common stock, 13,239 shares are subject to vesting restrictions as of December 17, 2009. The original filing inadvertently reduced the total number of shares of common stock owned by the reporting person by the number of Vested Shares (1,297) rather than the 538 shares of common stock surrendered, under reporting the reporting person's ownership by 759 shares of common stock.