4//SEC Filing
SMITH JANICE K. 4
Accession 0001140361-12-011149
CIK 0000075208other
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:12 PM ET
Size
10.4 KB
Accession
0001140361-12-011149
Insider Transaction Report
Form 4
SMITH JANICE K.
Chief Risk Officer
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2012-02-23$10.09/sh−333$3,360→ 3,658 total - Award
Common Stock, par value $1.00 per share
2012-02-23+10,667→ 14,325 total - Award
Stock Option (right to buy)
2012-02-23+24,969→ 24,969 totalExercise: $12.50Exp: 2022-02-23→ Common Stock (24,969 underlying)
Holdings
- 482(indirect: (4))
Common Stock, par value $1.00 per share
Footnotes (5)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, as amended (the "2004 Plan"), these 333 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the February 23, 2012 vesting of 745 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]These shares of common stock were granted pursuant to the 2004 Plan, and are subject to vesting restrictions. The Reporting Person becomes vested in one fourth of such shares on each of the first, second, third and fourth anniversaries of the date of grant.
- [F3]Of these 14,325 shares of common stock, 12,895 shares are subject to vesting restrictions as of February 24, 2012.
- [F4]The Reporting Person indirectly owns these 482 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Ownership Plan as of December 31, 2011.
- [F5]The option to purchase these shares of common stock was granted pursuant to the 2004 Plan and will become exercisable as to one third of such shares on each of the first, second and third anniversaries of the date of grant.
Documents
Issuer
OVERSEAS SHIPHOLDING GROUP INC
CIK 0000075208
Entity typeother
Related Parties
1- filerCIK 0001481050
Filing Metadata
- Form type
- 4
- Filed
- Feb 26, 7:00 PM ET
- Accepted
- Feb 27, 4:12 PM ET
- Size
- 10.4 KB