OVERSEAS SHIPHOLDING GROUP INC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Aug 7, 2014
Insider Transaction Report
Form 4
RECANATI OUDI
Director10% Owner
Transactions
- Other
Warrant for Class B Common Stock
2014-08-05$0.01/sh+1,310,356$13,104→ 1,310,356 totalExercise: $0.01Exp: 2029-08-05→ Class B Common Stock (1,310,356 underlying) - Other
Warrant for Class B Common Stock
2014-08-05$0.01/sh+148,198$1,482→ 148,198 total(indirect: (2))Exercise: $0.01Exp: 2029-08-05→ Class B Common Stock (148,198 underlying)
Footnotes (2)
- [F1]These warrants were issued 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 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.
- [F2]Held indirectly through various entities.