OVERSEAS SHIPHOLDING GROUP INC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Aug 7, 2014
Insider Transaction Report
Form 4
Vettier Jean-Paul
Director
Transactions
- Other
Warrant to purchase
2014-08-05$0.01/sh+583$6→ 583 totalExercise: $0.01Exp: 2029-08-05→ Class B Common Stock (583 underlying)
Footnotes (1)
- [F1]These warrants were issued to the reporting person pursuant to the Issuer's First Amended Joint Plan of Reorganization ("Plan") filed on May 26, 2014 with the U.S. Bankruptcy Court in the District of Delaware in exchange for his shares of Common Stock of the Issuer. The reporting person may convert his warrants to shares of Class B common stock at any time issuance of such shares to him is permitted by the Issuer's by-laws concerning ownership of shares by non-United States citizens.