EDELSON JAMES I. 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Dec 19, 2012
Insider Transaction Report
Form 4
EDELSON JAMES I.
General Counsel and Secretary
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2012-12-17$0.88/sh−388$341→ 23,607 total
Holdings
- 5,118(indirect: (2))
Common Stock, par value $1.00 per share
- 1,562(indirect: (3))
Common Stock, par value $1.00 per share
Footnotes (3)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, as amended,these 388 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the December 17, 2012 vesting of 947 shares (the "Vested Shares") of the Reporting Person's restricted stock in payment of the Reporting Person's tax withholding liability incurred as of a result of the vesting of the Vested Shares. Of these 23,607 shares of common stock, 16,037 shares are subject to vesting restrictions as of December 17, 2012.
- [F2]The reporting person indirectly owns these 5,118 shares of common stock through the OSG Ship Management, Inc. Savings Plan as of December 17, 2012.
- [F3]The reporting person indirectly owns these 1,562 shares of common stock through the Overseas Shipholding Group, Inc. 2000 Employee Stock Purchase Plan as of December 17, 2012.