OVERSEAS SHIPHOLDING GROUP INC 4
4 · OVERSEAS SHIPHOLDING GROUP INC · Filed Oct 1, 2014
Insider Transaction Report
Form 4
FLINTER HENRY P
VP & Head of US Flag SBU
Transactions
- Award
Restricted Stock Units
2014-09-29+54,795→ 54,795 totalExercise: $0.00→ Class A Common Stock (54,795 underlying) - Award
Stock Option (Right to Buy)
2024-09-29+126,582→ 126,582 totalExercise: $3.65Exp: 2024-09-28→ Class A Common Stock (126,582 underlying)
Footnotes (2)
- [F1]These restricted stock units were granted pursuant to the Overseas Shipholding Group, Inc. Management Incentive Compensation Plan (the "Plan") and vest as to one-third of such units on each of the first, second and the third anniversaries of the date of the grant. Each unit represents the right to acquire one share of Class A Common Stock. Settlement of vested units may be in either shares of Class A Common Stock or cash as determined by the Human Resources and Compensation Committee of the Board in its discretion.
- [F2]The options to purchase these shares of Class A Common Stock was granted pursuant to the Plan and will become excercisable as to one-third of such shares on the first, second and third anniversary of the date of the grant.