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4//SEC Filing

OVERSEAS SHIPHOLDING GROUP INC 4

Accession 0001140361-14-031338

CIK 0000075208operating

Filed

Aug 6, 8:00 PM ET

Accepted

Aug 7, 6:06 PM ET

Size

9.7 KB

Accession

0001140361-14-031338

Insider Transaction Report

Form 4
Period: 2014-08-05
Transactions
  • Other

    Class A Common Stock, par value $.01 per share

    2014-08-05$3.00/sh+6,695,244$20,085,7326,695,244 total(indirect: (1))
  • Other

    Warrant for Class B Common Stock

    2014-08-05+4,7094,709 total(indirect: (3))
    Exercise: $0.01Exp: 2029-08-05Class B Common Stock (4,709 underlying)
  • Other

    Class B Common Stock, par value $.01 per share

    2014-08-05+13,61113,611 total
Footnotes (3)
  • [F1]These Class A shares of common stock were issued in connection with the equity rights offering under 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. These shares are held indirectly through an entity. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in these shares.
  • [F2]These shares were issued pusuant to the Plan in exchange for the reporting person's shares of Common Stock of the Issuer.
  • [F3]These warrants were issued pursuant to the Plan in exchange for shares of Common Stock of the Issuer. The warrants may be converted to shares of Class B common stock at any time issuance of such shares is permitted by the Issuer's by-laws concerning ownership of shares by non-United States citizens. These shares are owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these shares.

Documents

1 file

Issuer

OVERSEAS SHIPHOLDING GROUP INC

CIK 0000075208

Entity typeoperating
IncorporatedFL

Related Parties

1
  • filerCIK 0000075208

Filing Metadata

Form type
4
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 6:06 PM ET
Size
9.7 KB