OVERSEAS SHIPHOLDING GROUP INC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Feb 26, 2014
Insider Transaction Report
Form 4
EDELSON JAMES I.
General Counsel and Secretary
Transactions
- Tax Payment
Common Stock, par value $1.00 per share
2014-02-24$5.35/sh−1,721$9,207→ 7,826 total
Footnotes (1)
- [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 24, 2014 vesting of 3,696 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 vesting of the Vested Shares. Of these 7,826 shares of common stock, 5,851 are subject to vesting restrictions as of February 26, 2014.