Home/Filings/4/0001140361-12-011155
4//SEC Filing

Mozdean Robert R 4

Accession 0001140361-12-011155

CIK 0000075208other

Filed

Feb 26, 7:00 PM ET

Accepted

Feb 27, 4:15 PM ET

Size

11.3 KB

Accession

0001140361-12-011155

Insider Transaction Report

Form 4
Period: 2012-02-23
Mozdean Robert R
Head Worldwide Human Resources
Transactions
  • Award

    Stock Option (right to buy)

    2012-02-23+24,96924,969 total
    Exercise: $12.50Exp: 2022-02-23Common Stock (24,969 underlying)
  • Tax Payment

    Common Stock, par value $1.00 per share

    2012-02-23$10.09/sh388$3,9159,177 total
  • Award

    Common Stock, par value $1.00 per share

    2012-02-23+10,66719,844 total
Holdings
  • Common Stock, par value $1.00 per share

    (indirect: (4))
    196
  • Common Stock, par value $1.00 per share

    (indirect: (5))
    1,124
Footnotes (6)
  • [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, as amended (the "2004 Plan"), these 388 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the February 23, 2012 vesting of 962 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 19,844 shares of common stock, 14,041 shares are subject to vesting restrictions as of February 24, 2012.
  • [F4]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.
  • [F5]The reporting person indirectly owns these 1,124 shares of common stock through the OSG Ship Management, Inc. Savings Plan as of December 31, 2012.
  • [F6]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

1 file

Issuer

OVERSEAS SHIPHOLDING GROUP INC

CIK 0000075208

Entity typeother

Related Parties

1
  • filerCIK 0001349800

Filing Metadata

Form type
4
Filed
Feb 26, 7:00 PM ET
Accepted
Feb 27, 4:15 PM ET
Size
11.3 KB