SMITH JANICE K. 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Feb 27, 2013
Insider Transaction Report
Form 4
SMITH JANICE K.
Chief Risk Officer
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2013-02-25$1.05/sh−1,589$1,668→ 12,630 total
Holdings
- 482(indirect: (2))
Common Stock, par value $1.00 per share
Footnotes (2)
- [F1]In accordance with the terms of the Overseas Shipholding Group, Inc. 2004 Stock Incentive Plan, as amended, these 1,589 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the February 25, 2013 vesting of 3,412 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. Of these 12,630 shares of common stock, 9,225 shares are subject to vesting restrictions as of February 25,2013.
- [F2]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, 2012.