4//SEC Filing
OVERSEAS SHIPHOLDING GROUP INC 4
Accession 0001140361-16-090078
CIK 0000075208operating
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 5:22 PM ET
Size
8.4 KB
Accession
0001140361-16-090078
Insider Transaction Report
Form 4
WOLF CHRISTOPHER W
SVP & Chief Financial Officer
Transactions
- Award
Stock Option (Right to buy)
2016-12-14+78,616→ 78,616 totalExercise: $3.73→ Class A Common Stock (78,616 underlying) - Award
Restricted Stock Units
2016-12-14+99,206→ 99,206 totalExercise: $0.00→ Class A Common Stock (99,206 underlying)
Footnotes (2)
- [F1]These restricted stock units were granted pursuant to the Overseas Shipholding Group, Inc. ("OSG") Management Incentive Compensation Plan (the "Plan") and vest as to one-third of such units on January 1 of each of 2018, 2019, and 2020. 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 Compensation and Human Resources Committee of the Board in its discretion. Settlement must occur no later than March 15 of the calendar year following vesting of the units.
- [F2]The options to purchase these shares of Class A Common Stock were granted pursuant to the Plan and will become exercisable as to one-third of such shares on January 1 of each of 2018, 2019, and 2020.
Documents
Issuer
OVERSEAS SHIPHOLDING GROUP INC
CIK 0000075208
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000075208
Filing Metadata
- Form type
- 4
- Filed
- Dec 15, 7:00 PM ET
- Accepted
- Dec 16, 5:22 PM ET
- Size
- 8.4 KB