EDELSON JAMES I. 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Feb 27, 2013
Insider Transaction Report
Form 4
EDELSON JAMES I.
General Counsel and Secretary
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2013-02-25$1.05/sh−1,721$1,807→ 21,886 total
Holdings
- 5,134(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 1,721 shares of common stock were surrendered to Overseas Shipholding Group, Inc. upon the February 25, 2013 vesting of 3,695 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 21,886 shares of common stock, 12,342 shares are subject to vesting restrictions as of February 25, 2013.
- [F2]The reporting person indirectly owns these 5,134 shares of common stock through the OSG Ship Management, Inc. Savings Plan as of February 21, 2013.
- [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 31, 2012.